Overview
- INEGI’s opportune estimate shows real GDP fell 0.3% from the previous quarter after two straight quarters of growth.
- Industrial activity dropped 1.5% quarter over quarter, outweighing a 3.2% rise in primary activities and a 0.1% gain in services.
- Output declined 0.2% from a year earlier, marking the first interannual quarterly contraction in over four years.
- The figures are preliminary and may be revised when INEGI publishes the final third-quarter GDP on November 21.
- Analysts said the result roughly matched expectations, with Goldman Sachs maintaining a 2025 growth forecast near 0.5%.