Construction output in Mexico decreased 3.41 percent in November of 2019 over the same month in the previous year. Construction Output in Mexico averaged 1.78 percent from 1994 until 2019, reaching an all time high of 37.20 percent in July of 1996 and a record low of -39.20 percent in May of 1995. source: Instituto Nacional de Estadística y Geografía (INEGI)
Construction Output in Mexico is expected to be -5.00 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 1.50 in 12 months time. In the long-term, the Mexico Construction Output is projected to trend around 2.50 percent in 2020, according to our econometric models.