Mexico's GDP Contracts 0.8% in Q1 2026, Led by Agriculture, Manufacturing.
Mexico's economy experienced its largest quarterly contraction since 2020, with GDP falling 0.8% from January to March 2026. This setback, attributed to declines in agriculture, manufacturing, and services, poses an economic challenge for President Claudia Sheinbaum. Analysts suggest the data raises concerns about a potential recession, leading to revised growth forecasts for the year.