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Last News
  • ASUR’s operations flow up 3.7%
  • NL forecasts record investments at Interpuerto
  • Industrial park to be built at Corregidora
  • Mega-investment in infrastructure to be made in Sonora
  • Tetra Pak to invest US$110 million to their plant in Querétaro
  • Inter MG to invest on new Honda terminal in Celaya
  • FEMSA slows down investment pace
  • New plans for MCIA landing
  • Visteon signs lease with Intermex in Chihuahua
  • ASA obtains concession for airport in Puebla
  • Guanajuato Inland Port planning in-bond facilities for air cargo
  • Automotive investment flowing in Queretaro
  • SCT announces investments in Sinaloa for US$375.7 million
  • Construction of maquiladora plants reactivated at Ciudad Juarez
  • Campus for training on aeronautics inaugurated
  • Suppliers park to be built in Tlaxcala
  • Mega-investment may be attracted to NL
  • Zacatecas receives investments for US$134 million
  • Mars reaffirms its investment in Guanajuato
  • Mexico, in Mercedes- Benz’s crosshairs
  • Manufacturing sector will provide impulse to economy: HSBC

    Mexico.- Grupo Financiero HSBC forecasts 3.4% growth by the Mexican economy upon closing 2012, taking into consideration the trends expected in the manufacturing sector. Sergio Martin Moreno, Chief Economist for Mexico with HSBC, said that according to the Purchasing Manager’s Index (PMI) of the Mexican Manufacturing Sector prepared by HSBC, last April a new improvement was observed in the sector’s conditions. He explained that these arises from a substantial increase in both production and new orders over March, which took PMI from 53.9 points to 56.3 points; in addition to remaining above the 50 points threshold. “HSBC’s Manufacturing PMI reached 56.3 points in April, the highest in the last 12 months. This suggests that the industrial sector will keep a positive impulse and supports our 3.4% GDP forecast for 2012, which means growth over the average 3% posted in the last 15 years”, he said.
    Source: Notimex | Date: 07/05/2012