Mexico · Economy

Key Facts

—The contraction: the Mexico economy shrank 0.8% in the first quarter from the prior three months, growing just 0.2% year on year, its weakest such reading in two years.

—The breadth: all three broad sectors fell at once for the first time since late 2024, with farming down 1.4%, industry 1.1% and services 0.6%.

—The ranking: the OECD said its members grew 0.4% on average in the quarter, with Mexico’s 0.8% drop among the three worst alongside Ireland and Israel.