Industrial production in Mexico declined 2.9 percent year-on-year in April 2019, following a 0.1 percent fall in the previous month and compared with market expectations of a 2.5 percent decrease. It was the biggest decline in industrial output since March last year, as production dropped for manufacturing (-0.4 percent from 2.8 percent in March) and utilities (-3.1 percent from 1 percent). Also, output fell further for mining & quarrying (-9 percent from -6 percent) and construction (-4.2 percent from -2.5 percent). On a seasonally adjusted monthly basis, industrial production rose 1.5 percent, rebounding from a downwardly revised 1.2 percent decrease in March. Industrial Production in Mexico averaged 1.74 percent from 1980 until 2019, reaching an all time high of 23.82 percent in October of 1996 and a record low of -17.50 percent in October of 1995.

Industrial Production in Mexico is expected to be 0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Mexico to stand at 1.30 in 12 months time. In the long-term, the Mexico Industrial Production is projected to trend around 1.40 percent in 2020, according to our econometric models.

Mexico Industrial Production
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-13 02:00 PM Industrial Production YoY -0.9% -2.5% -2.2% -1.5%
2019-04-11 01:00 PM Industrial Production YoY -0.8% -1% -0.8% -1.6%
2019-05-10 01:00 PM Industrial Production YoY -0.1% -1% -0.3% -1.5%
2019-06-11 01:00 PM Industrial Production YoY -2.9% -0.1% -2.5% 0.2%
2019-07-12 01:00 PM Industrial Production YoY -2.9% -1.1
2019-08-09 01:00 PM Industrial Production YoY 0.6%
2019-09-11 01:00 PM Industrial Production YoY


Mexico Business Last Previous Highest Lowest Unit
Business Confidence 52.40 52.40 58.60 34.00 Index Points [+]
Manufacturing PMI 50.00 50.10 57.10 49.20 [+]
Industrial Production -2.86 -0.06 23.82 -17.50 percent [+]
Industrial Production Mom 1.50 -1.20 8.40 -8.00 percent [+]
Manufacturing Production -0.36 2.78 18.26 -17.74 percent [+]
Capacity Utilization 80.70 81.60 82.50 74.10 percent [+]
Changes in Inventories 185467.00 179436.00 280468.77 49272.84 MXN Million [+]
Total Vehicle Sales 56387.00 67680.00 127604.00 6318.00 [+]
Car Production 349.63 299.71 381.99 35.61 Thousand Units [+]
Car Registrations 56387.00 67680.00 127604.00 6318.00 [+]
Leading Economic Index -1.40 1.30 12.60 -11.00 percent [+]
Internet Speed 7538.43 7213.58 7538.43 949.27 KBps [+]
IP Addresses 13309655.00 13057425.00 14700484.00 4009120.00 IP [+]
Private Investment -2.40 -1.90 33.10 -41.90 percent [+]
Mining Production -9.00 -6.00 45.30 -25.22 percent [+]
Steel Production 1600.00 1780.00 1850.00 466.00 Thousand Tonnes [+]
Competitiveness Index 64.60 64.14 64.60 4.18 Points [+]
Competitiveness Rank 46.00 44.00 66.00 44.00 [+]
Crude Oil Rigs 30.00 24.00 107.00 8.00 [+]
Ease of Doing Business 54.00 49.00 55.00 42.00 [+]
Corruption Index 28.00 29.00 37.00 26.60 Points [+]
Corruption Rank 138.00 135.00 138.00 32.00 [+]


Mexico Industrial Production

In Mexico, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides - Mexico Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Industrial Production - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-2.86 -0.06 23.82 -17.50 1980 - 2019 percent Monthly
2013=100, NSA




Country Last Previous
Argentina -8.80 Apr/19
Australia 1.20 Mar/19
Brazil -3.90 Apr/19
Canada 0.32 Mar/19
China 5.00 May/19
Euro Area -0.40 Apr/19
France 1.10 Apr/19
Germany -1.80 Apr/19
India 3.40 Apr/19
Indonesia 7.90 Mar/19
Italy -1.50 Apr/19
Japan -1.10 Apr/19
Mexico -2.86 Apr/19
Netherlands -2.30 Apr/19
Russia 0.90 May/19
Saudi Arabia 2.34 Sep/18
Singapore 0.10 Apr/19
South Africa 4.60 Apr/19
South Korea -0.10 Apr/19
Spain 1.70 Apr/19
Switzerland 4.30 Mar/19
Turkey -4.00 Apr/19
United Kingdom -1.00 Apr/19
United States 2.00 May/19


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