The Conference Board Leading Economic Index(LEI) forMexicodeclined 0.1 percent in July to 120.7 (2004 = 100), following a 0.2 percent increase in June, and a 0.4 percent decline in May.

At the same time,The Conference Board Coincident Economic Index(CEI) forMexico, a measure of current economic activity, increased 0.3 percent in July to 115.7 (2004 = 100), following a 0.3 percent increase in June, and a 0.2 percent increase in May.

The Conference Board LEI forMexicodeclined in July, its third decline this year. Additionally, its six-month growth rate slowed -- amid widespread weaknesses -- after remaining stable in the previous month. Meanwhile, The Conference Board CEI forMexicocontinued its general upward trend that started in mid-2009, and its six-month growth has remained within a narrow range this year. Taken together, the behavior of the composite indexes suggests that economic activity will continue to expand, albeit at a moderate pace in the near term.