Mexico's industrial production rose 1.6 percent over a year earlier in September of 2021, slowing from an upwardly revised 5.5 percent hike in the previous month and missed market expectations of a 3.9 percent increase. The latest reading pointed to the seventh straight month of expansion in the industrial sector, although at a softest rate in the current sequence, as international supply chains are faced with intense disruptions, namely material shortages and soaring energy prices. Growth was again sharp in the construction sector (8.3 percent vs 8.8 percent in August) and mining activities maintained robust momentum (2.0 percent, the same as in August). Meanwhile, output fell for manufacturing activities (-0.4 percent vs 6.6 percent) and utilities (-3.3 percent vs -5.1 percent). On a seasonally adjusted monthly basis, industrial output unexpectedly retreated 0.4 percent, following a revised flat reading in August and compared to market estimates of a 0.1 percent increase. source: Instituto Nacional de Estadística y Geografía (INEGI)

Industrial Production in Mexico averaged 1.54 percent from 1980 until 2021, reaching an all time high of 36.50 percent in April of 2021 and a record low of -30.43 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 December of 2021.

Industrial Production in Mexico is expected to be 1.50 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 2022, according to our econometric models.

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Mexico Industrial Production


Calendar GMT Actual Previous Consensus TEForecast
2021-10-12 11:00 AM Aug 5.5% 7.3% 4% 6%
2021-11-11 12:00 PM Sep 1.6% 5.5% 3.9% 4%
2021-12-10 12:00 PM Oct 1.6% 1.2% 1.8%


Related Last Previous Unit Reference
Business Confidence 52.20 51.80 points Nov/21
Industrial Production Mom -1.40 0.00 percent Sep/21
Industrial Production 1.60 5.50 percent Sep/21
Manufacturing Production -0.38 6.57 percent Sep/21
Capacity Utilization 76.00 76.70 percent Sep/21
Changes in Inventories 93366.00 129884.00 MXN Million Jun/21
Car Production 248.96 257.81 Thousand Units Nov/21
Car Registrations 39362.00 38569.00 Oct/21
Total Vehicle Sales 39362.00 38569.00 Units Oct/21
Private Investment 9.90 13.20 percent Sep/21

News Stream
Mexico Industrial Output Growth Misses Expectations
Mexico's industrial production rose 1.6 percent over a year earlier in September of 2021, slowing from an upwardly revised 5.5 percent hike in the previous month and missed market expectations of a 3.9 percent increase. The latest reading pointed to the seventh straight month of expansion in the industrial sector, although at a softest rate in the current sequence, as international supply chains are faced with intense disruptions, namely material shortages and soaring energy prices. Growth was again sharp in the construction sector (8.3 percent vs 8.8 percent in August) and mining activities maintained robust momentum (2.0 percent, the same as in August). Meanwhile, output fell for manufacturing activities (-0.4 percent vs 6.6 percent) and utilities (-3.3 percent vs -5.1 percent). On a seasonally adjusted monthly basis, industrial output unexpectedly retreated 0.4 percent, following a revised flat reading in August and compared to market estimates of a 0.1 percent increase.
2021-11-11
Mexico Industrial Output Growth Beats Forecasts
Mexico’s industrial production edged up by 5.5 percent over a year in August of 2021, easing from a 7.3 percent hike in the previous month but higher than market expectations of a 4 percent rise. It is the seventh straight month of industrial growth, albeit the fifth straight month of easing as low base effects fade. Output accelerated for manufacturing (6.6 vs 6.2 in July), eased for construction (8.7 percent vs 15 percent) and mining (1.9 percent vs 3.2 percent), and contracted for utilities (-4.8 percent vs 4.1 percent). On a seasonally adjusted monthly basis, industrial output rose 0.4 percent, following an upwardly revised 1.2 percent rise in July and significantly beating market expectations of a 0.6 percent decline.
2021-10-12
Mexico Industrial Output Growth Beats Forecasts
Mexico's industrial production went up 7.3 percent over a year earlier in July of 2021, following a 13.5 percent hike in the previous month and slightly faster than market expectations of a 7 percent rise. The latest reading pointed to the fifth straight month of expansion in the industrial sector, although at a softer rate as baseline effects fade. The strongest growth was recorded for construction (15.0 percent vs 15.1 percent in June); followed by manufacturing (6.2 percent vs 16.4 percent); utilities (4.1 percent vs 7.0 percent); and mining (3.2 percent vs 4.9 percent). On a seasonally adjusted monthly basis, industrial output rose 1.1 percent, following an upwardly revised 0.9 percent decline in June and beat market estimates of a 0.3 percent increase.
2021-09-10

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.