The Conference Board Leading Economic IndexforMexicodeclined 0.4 percent in May to 120.6 (2004 = 100), following a 0.7 percent increase in April, and a 0.8 percent increase in March.

At the same time,The Conference Board Coincident Economic IndexforMexico, a measure of current economic activity, increased 0.2 percent in May to 115.0 (2004 = 100), following no change in April, and a 0.4 percent increase in March.

The Conference Board LEI forMexicofell in May, its second decline in the past four months. As a result, its six-month growth rate has slowed compared to the second half of last year, amid widespread weaknesses among its components. Meanwhile, The Conference Board CEI forMexico, a measure of current economic activity, continued its general upward trend which started in mid-2009. However, its growth has also moderated in the last six months. Taken together, the behavior of the composite indexes continues to suggest that economic activity will expand at a moderate pace in the near term.