Mexico's industrial production fell 0.7% year-on-year in May 2026, reversing a 2.3% increase in April, lower than market expectations of a 0.1% drop as weakness was broad-based across sectors. The downturn was led by a contraction in manufacturing activity by 1.5% after a flat reading in the previous month, reflecting weaker output across industries, particularly in the manufacturing of computers and communication related equipment (-7.5%). Utilities production declined further by 0.9% after a 0.4% drop, while construction activity fell 0.3%, reversing a 10.4% gain despite a surge in civil engineering works (15.9%). Meanwhile, mining and quarrying output growth accelerated to 3.9% from 3.4%, supported by stronger growth in mining related services (51.3% vs 23.7%). On a seasonally adjusted monthly basis, industrial activity fell by 0.8% in May, reversing a 2.1% increase in the previous month. source: Instituto Nacional de Estadística y Geografía (INEGI)

Industrial Production in Mexico decreased 0.70 percent in May of 2026 over the same month in the previous year. Industrial Production in Mexico averaged 1.66 percent from 1980 until 2026, reaching an all time high of 37.10 percent in April of 2021 and a record low of -30.03 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 July of 2026.

Industrial Production in Mexico decreased 0.70 percent in May of 2026 over the same month in the previous year. Industrial Production in Mexico is expected to be 1.10 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 1.80 percent in 2027 and 1.10 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-11 12:00 PM
Industrial Production YoY
Apr 2.3% -1.3% -0.8% 1.1%
2026-07-10 12:00 PM
Industrial Production YoY
May -0.7% 2.4% -0.1% 0.0%
2026-08-11 12:00 PM
Industrial Production YoY
Jun -0.7% 0.8%


Related Last Previous Unit Reference
Business Confidence 48.00 47.50 points Jun 2026
Capacity Utilization 80.60 81.60 percent Apr 2026
Auto Production YoY 354.22 342.93 Thousand Units Jun 2026
Car Registrations 52791.00 50433.00 Units Jun 2026
Changes in Inventories 50475.90 53591.60 MXN Million Mar 2026
Industrial Production YoY -0.70 2.40 percent May 2026
Industrial Production MoM -0.80 2.10 percent May 2026
Manufacturing Production -1.50 0.00 percent May 2026
Gross Fixed Investment MoM 4.00 0.40 percent Apr 2026
Gross Fixed Investment YoY 5.90 -2.60 percent Apr 2026
Total Vehicle Sales 130096.00 129947.00 Units Jun 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
-0.70 2.40 37.10 -30.03 1980 - 2026 percent Monthly
2018=100, NSA

News Stream
Mexico Industrial Output Falls More than Expected
Mexico's industrial production fell 0.7% year-on-year in May 2026, reversing a 2.3% increase in April, lower than market expectations of a 0.1% drop as weakness was broad-based across sectors. The downturn was led by a contraction in manufacturing activity by 1.5% after a flat reading in the previous month, reflecting weaker output across industries, particularly in the manufacturing of computers and communication related equipment (-7.5%). Utilities production declined further by 0.9% after a 0.4% drop, while construction activity fell 0.3%, reversing a 10.4% gain despite a surge in civil engineering works (15.9%). Meanwhile, mining and quarrying output growth accelerated to 3.9% from 3.4%, supported by stronger growth in mining related services (51.3% vs 23.7%). On a seasonally adjusted monthly basis, industrial activity fell by 0.8% in May, reversing a 2.1% increase in the previous month.
2026-07-10
Mexico Industrial Output Rebounds in April
Mexico's industrial production increased 2.3% year-on-year in April 2026, rebounding from a 1.3% decline in March and defying forecasts of a 0.8% drop. It marked the second and strongest expansion in four months. The construction sector surged 10.4%, supported by robust growth in building construction (13.7%), while specialized construction activities rose 3.2% and civil engineering works advanced 0.9%. Mining output increased 3.4%, led by a 23.7% jump in mining-related services. Meanwhile, manufacturing output was unchanged, with the strongest gains recorded in petroleum and coal products (12.1%), while printing and related support activities posted the sharpest decline (-7.3%). On a seasonally adjusted monthly basis, industrial production rose 2.1%, reversing a 0.6% fall in March.
2026-06-11
Mexico Industrial Output Falls in March
Mexico’s industrial production declined 1.3% year-over-year in March 2026, matching the drop recorded in February and coming in slightly better than forecasts of a 1.5% contraction. The construction sector remained the main drag, shrinking 6.2% amid declines in building construction (-8.1%) and specialized construction activities (-2.4%). Manufacturing output also fell 1.0%, weighed down by a 10.4% drop in the production of electrical accessories, appliances, and power generation equipment. In contrast, mining output expanded 6.0%, supported by a 45.7% surge in mining-related services. The utilities sector also posted modest growth of 0.2%. On a seasonally adjusted monthly basis, industrial production fell 0.6% in March, reversing a 0.4% increase in February.
2026-05-12