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Mexico IMEF Manufacturing Index at 51.4 in October

Nov. 3 (Bloomberg) -- Mexico’s manufacturing index was 51.4 in October, the Mexican Institute of Finance Executives, or IMEF, said today.

The non-manufacturing index was 53.0, the institute said in an e-mailed statement. Economists forecast the manufacturing index would be 50.4, according to the median of seven estimates. The non-manufacturing index was expected to be 50.5 for October, a separate survey of six economists showed.

The institute calculates the index with technical support from Inegi, as Mexico’s statistics agency is known.

To contact the reporter on this story: Jonathan J. Levin in Mexico City at jlevin20@bloomberg.net

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net

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