Mexican Economy Contracts 0.8% in Q1, First Decline Since 2020
Mexico's economy contracted by 0.8% in the first quarter of 2026, marking its worst Q1 performance since 2020. This decline was primarily driven by a sharp slump in the primary sector, alongside contractions in manufacturing, construction, and services. Analysts suggest internal factors like institutional weakening and reduced fixed investment contributed to this economic stagnation.
<p>A sharp decline in the primary sector dragged Mexico's economy down in the first quarter of the year, despite strong growth in the export and tourism industries.</p> <p>The post <a href="https://mexiconewsdaily.com/business/mexican-economy-contracts-gdp-q1-2026/">Mexican economy contracts 0.8% in the first quarter of the year</a> appeared first on <a href="https://mexiconewsdaily.com">Mexico News Daily</a></p> <p>The Mexican economy contracted 0.8% in the first quarter of 2026 compared to the...