Mexico: PMI indicator stays in positive territory

The seasonally-adjusted manufacturing indicator published by the Mexican Institute of Finance Executives (IMEF) inched down from 50.4 points in November to 50.3 points in December. Although the result came in below market expectations of 51.5 points, the index is still just barely above the 50-point threshold that separates expansion from contraction in the manufacturing sector.

Read more about Mexican PMI.

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