Construction output in Mexico decreased 13.69 percent in August of 2020 over the same month in the previous year.
Construction Output in Mexico averaged 1.19 percent from 1994 until 2020, reaching an all time high of 37.19 percent in July of 1996 and a record low of -39.71 percent in April of 2020. This page provides - Mexico Construction Output - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Construction Output - values, historical data and charts - was last updated on October of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)
Construction Output in Mexico is expected to be -11.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Mexico to stand at -3.50 in 12 months time. In the long-term, the Mexico Construction Output is projected to trend around -1.50 percent in 2021 and 1.80 percent in 2022, according to our econometric models.