Industrial production in Mexico declined 2.5 percent year-on-year in December 2018, following a 1.3 percent fall in the previous month and missing market expectations of a 0.5 percent gain. It is the biggest decline in industrial output since March, as production of utilities dropped (-1.1 percent from 0.8 percent in November), mainly due to electricity generation (-2.1 percent). Also, output decreased further for mining & quarrying (-8.2 percent from -8.0 percent), namely extraction of oil and gas (-8.4 percent); and construction (-3.9 percent from -3.3 percent), of which civil engineering works (-10.9 percent). Additionally, output growth slowed for manufacturing (0.5 percent from 1.4 percent). Considering 2018 as a whole, industrial production increased 0.2 percent over a year earlier. On a seasonally adjusted monthly basis, industrial output went down 0.4 percent, after declining 0.6 percent in November. Industrial Production in Mexico averaged 1.76 percent from 1980 until 2018, 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 -2.30 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 1.60 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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Calendar GMT Actual Previous Consensus TEForecast
2018-11-09 02:00 PM Industrial Production YoY 1.8% 0.3% 1.75% -1.0%
2018-12-12 02:00 PM Industrial Production YoY 1% 1.8% 1.6% 1.4%
2019-01-11 02:00 PM Industrial Production YoY -1.3% 1% 0.5% 0.6%
2019-02-11 02:00 PM Industrial Production YoY -2.5% -1.3% 0.5% 0.2%
2019-03-13 02:00 PM Industrial Production YoY -2.5%
2019-04-11 01:00 PM Industrial Production YoY
2019-05-10 01:00 PM Industrial Production YoY -2.2%


Mexico Business Last Previous Highest Lowest Unit
Business Confidence 50.80 49.20 58.10 33.70 Index Points [+]
Manufacturing PMI 50.90 49.70 57.10 49.20 [+]
Industrial Production -2.50 -1.30 23.82 -17.50 percent [+]
Industrial Production Mom -0.40 -0.60 8.40 -7.90 percent [+]
Manufacturing Production 0.50 1.40 18.26 -17.74 percent [+]
Capacity Utilization 78.80 81.00 82.50 74.10 percent [+]
Changes in Inventories 166654.31 133006.81 280468.77 49272.84 MXN Million [+]
Total Vehicle Sales 86495.00 81542.00 127604.00 6318.00 [+]
Car Production 333.68 237.68 381.99 35.61 Thousand Units [+]
Car Registrations 86495.00 81542.00 127604.00 6318.00 [+]
Leading Economic Index 1.80 2.90 12.60 -9.80 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 -3.20 3.40 33.10 -41.90 percent [+]
Mining Production -8.20 -8.00 45.30 -25.22 percent [+]
Steel Production 1550.00 1526.00 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 [+]
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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-2.50 -1.30 23.82 -17.50 1980 - 2018 percent Monthly
2013=100, NSA




Country Last Previous
Argentina -14.70 Dec/18
Australia 2.80 Sep/18
Brazil -3.60 Dec/18
Canada 4.20 Oct/18
China 5.70 Dec/18
Euro Area -4.20 Dec/18
France -1.40 Dec/18
Germany -3.90 Dec/18
India 2.40 Dec/18
Indonesia 0.60 Oct/18
Italy -5.50 Dec/18
Japan -1.90 Dec/18
Mexico -2.50 Dec/18
Netherlands 0.40 Nov/18
Russia 1.10 Jan/19
Saudi Arabia 5.84 Jun/18
Singapore 2.70 Dec/18
South Africa 0.10 Dec/18
South Korea 1.60 Dec/18
Spain -6.20 Dec/18
Switzerland 5.10 Dec/18
Turkey -9.80 Dec/18
United Kingdom -0.90 Dec/18
United States 3.80 Jan/19


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