Mexico Manufacturing PMI Fell to 51.2 in August from 53.2 in July

The S&P Global Mexico Manufacturing PMI fell to 51.2 in August 2023 from 53.2 in July, remaining in expansionary territory for the seventh straight month but signaling only a slight improvement in the health of the sector. There were further, albeit softer, expansions in total new orders and exports. However, production growth was halted by slower sales growth and sufficient stock levels at some units. Input buying growth eased, while employment was broadly stagnant. On the price front, a sharper increase in input costs contrasted with a third successive reduction in selling charges. source: Markit Economics