GDP q/q (MXN) comes in at 1.5% against 1% consensus

Mexico’s Gross Domestic Product for the second quarter of 2026 was reported at 1.5% quarter over quarter. This actual figure significantly exceeded the market consensus expectation, which stood at 1%. The print registered a substantial 50.0% positive surprise when compared against the consensus forecast. This quarter’s performance also marks a notable improvement from the previous quarter’s GDP reading of -0.6%.

Following the release, USDMXN initially moved lower by -51 pips within five minutes. Fifteen minutes after the data, USDMXN traded higher by +2.3 pips from its pre-release level. No measured reaction statistics exist yet for this specific series to provide historical context for typical market behavior.