By Esther Ososanya
Mexico’s economy expanded by 0.7% in the second quarter of 2025 compared to the previous quarter, surpassing market expectations of 0.4%, according to preliminary data from the national statistics agency, INEGI.
The better-than-expected performance was driven by a 0.8% increase in manufacturing and a 0.7% rise in services, which helped offset a 1.3% decline in primary activities like agriculture and mining.
While the result marks the second consecutive quarterly expansion for Latin America’s second-largest economy, analysts remain cautious.
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Gabriela Siller, Chief Economist at Banco Base, warned, “The data shows Mexico is not currently in a recession, but economic fragility persists. Any escalation in U.S. tariffs could quickly reverse these gains.”
On a year-on-year basis, Mexico’s GDP edged up just 0.1%, slightly below expectations.
Esther Ososanya is an investigative journalist with Pinnacle Daily, reporting across health, business, environment, metro, Fct and crime. Known for her bold, empathetic storytelling, she uncovers hidden truths, challenges broken systems, and gives voice to overlooked Nigerians. Her work drives national conversations and demands accountability one powerful story at a time.
