Timely forex news is essential for traders. Enjoy this fresh update.
The S&P Global Mexico Manufacturing PMI declined to 49.8 in August 2026 from 51.3 in July, indicating a renewed deterioration in operating conditions. The main drag came from a reduction in factory output, which registered its sharpest contraction in eight months, as firms reported subdued market conditions, material shortages, and shipping delays related to the conflict in the Middle East.
Demand also softened. Growth in new orders eased from recent peaks, while new export orders fell at the fastest pace so far in 2026. In response, manufacturers scaled back their purchasing activity, marking the first decline in three months. Stocks of purchases also decreased, whereas inventories of finished goods rose slightly.
Cost pressures continued to moderate, with input cost inflation slipping to a five-month low, though remaining elevated amid uncertainty related to US tariffs and the Middle East. Looking ahead, business sentiment turned pessimistic, as firms cited concerns about broad market uncertainty.
Capture price channel breakouts with the Price Channel Expert Advisor. Precise entries and exits. Explore now.
The material has been provided by - RobotFX.Org
Pair this news with automation – explore RobotFX MT4/MT5 solutions today.
Download NOW!
No comments:
Post a Comment