Mexico’s industrial production rose 3.8 percent year-on-year in June of 2022, accelerating from a 3.3 percent gain in the previous period and beating market expectations of a 3.6 percent raise. Production increased for mining (2.1 percent) and construction (0.3 percent) while it came flat for manufacturing. On the other hand, utility output dropped (-1.0 percent). On a seasonally adjusted monthly basis, industrial output rose 0.1 percent in May, the same as in the previous period. source: Instituto Nacional de Estadística y Geografía (INEGI)
Industrial Production in Mexico averaged 1.55 percent from 1980 until 2022, reaching an all time high of 35.68 percent in May of 2021 and a record low of -30.19 percent in May of 2020. This page provides - Mexico Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.
Industrial Production in Mexico is expected to be 1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mexico Industrial Production is projected to trend around 2.00 percent in 2023, according to our econometric models.