Mexico's Manufacturing Confidence Index fell to 47.5 in May, remaining below the boom-bust line for 15 consecutive months

(1) Mexico's manufacturing business confidence index fell by 0.4 points to 47.5 in May, marking the 15th consecutive month it has remained below the neutral threshold of 50 points. (2) Investment willingness posted the largest drop, decreasing by 1.8 points to 32.4. National economic expectations declined by 0.3 points to 51.4, while the assessment of current business conditions edged down 0.1 points to 50.8. The view of the current national economic situation remained unchanged at 47.6. (3) Meanwhile, enterprises remain optimistic about future prospects, with the indicator for future business conditions at 55.8 points.