Industrial production in Mexico declined 0.1 percent year-on-year in January of 2017, easing from a 0.6 percent drop in the previous month and worse than market expectations of a 0.1 percent rise. Output continued to fall for mining (-9.8 percent vs -10.5 percent in December) and tumbled for construction (-1 percent vs 1.8 percent). In addition, production of electricity, water and gas supply increased less (1 percent vs 3.9 percent). By contrast, manufacturing output rose faster (4.3 percent vs 1.8 percent in December). On a monthly basis, industrial output went up 0.1 percent compared to a 0.1 percent decrease in December. Industrial Production in Mexico averaged 2.03 percent from 1980 until 2017, reaching an all time high of 20.30 percent in October of 1996 and a record low of -14.82 percent in March of 1983.
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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 March of 2017.