Mexico's economy grew 3.2% year on year in the third quarter
President Sheinbaum shared the figure in a video. It is the flash estimate released Oct. 30, which the statistics agency can still revise.
Mexico's economy grew 3.2% year on year in the third quarter of 2026 and 0.9% from the previous quarter, according to a flash estimate from INEGI, the national statistics agency, released Oct. 30. Both figures are seasonally adjusted.
President Claudia Sheinbaum posted a 22-second video on her X account on Nov. 12 showing the agency's Overview of Economic Activity, updated a day earlier. It speaks of "a 3.2 percent growth" over the same period of 2025. The number is not new: INEGI had published it 13 days before.
Services grew the most in the year-on-year comparison. Primary activities, which cover farming and livestock, shrank from the previous quarter.
| Sector | Year on year (%) | Quarter on quarter (%) |
|---|---|---|
| Total GDP | 3.2 | 0.9 |
| Services | 3.3 | 1.1 |
| Industry | 3.1 | 0.8 |
| Primary activities | 1.8 | -0.4 |
Fuente: INEGI, flash estimate of quarterly GDP. Seasonally adjusted figures, third quarter of 2026.
Over the nine months from January to September, the flash estimate puts GDP 1.9% above the same stretch of 2025.
The slide in the video shows growth building through 2026: GDP rose 0.5% year on year in the first quarter, 1.9% in the second and 3.2% in the third. For all of 2025 it grew 0.7%.
INEGI cautions that the flash estimate does not replace its traditional calculation, which draws on more data and can change the figure. The next flash estimate, for the fourth quarter, is due Jan. 29, 2027.
