Industrial production in Mexico rose 1.8 percent year-on-year in September 2018, following an upwardly revised 0.3 percent gain in the prior month and matching market expectations. It was the fastest growth in industrial activity since April, as output rose faster for manufacturing (2.4% vs 2.2% in August), driven by oil and coal products (5.3% vs -6.5%) and electronic products (5.0% vs 3.9%). Also, production rebounded for mining (2.9% vs -3.8%), largely due to a 5.6 percent rise in extraction of oil & gas, the first gain since January 2013. In contrast, output eased for utilities (3.2% vs 3.5%) and it shrank for construction (-0.7% vs -1.9%). Considering the January to September period of 2018, industrial output grew 0.5 percent over a year earlier. On a seasonally adjusted monthly basis, industrial production rose 1 percent, reversing from a downwardly revised 0.2 percent drop in August. Industrial Production in Mexico averaged 1.78 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 -0.30 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 -1.20 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
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-08-10 01:00 PM Industrial Production YoY 0.2% 0.2% 0.3% -0.4%
2018-09-11 01:00 PM Industrial Production YoY 1.3% 0.3% 0.75% 0.6%
2018-10-12 01:00 PM Industrial Production YoY 0.2% 1.3% 1.4%
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 1.8% 1.6% -0.6%
2019-01-11 02:00 PM Industrial Production YoY
2019-02-08 02:00 PM Industrial Production YoY -0.30%


Mexico Business Last Previous Highest Lowest Unit
Business Confidence 49.90 50.60 58.10 33.70 Index Points [+]
Manufacturing PMI 49.70 50.70 57.10 49.20 [+]
Industrial Production 1.80 0.30 23.82 -17.50 percent [+]
Industrial Production Mom 1.00 -0.50 8.40 -7.90 percent [+]
Manufacturing Production 2.40 2.20 18.26 -17.74 percent [+]
Capacity Utilization 81.00 82.50 82.50 74.10 percent [+]
Changes in Inventories 109974.00 175926.00 279851.00 49273.00 MXN Million [+]
Total Vehicle Sales 70427.00 70906.00 127604.00 6318.00 [+]
Car Production 344.93 363.47 381.99 35.61 Thousand Units [+]
Car Registrations 70427.00 70906.00 127604.00 6318.00 [+]
Leading Economic Index 2.10 1.80 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 -0.90 -2.40 33.10 -41.90 percent [+]
Mining Production 2.87 -3.78 45.30 -25.22 percent [+]
Steel Production 1690.00 1600.00 1830.00 466.00 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 29.00 30.00 37.00 26.60 Points [+]
Corruption Rank 135.00 123.00 135.00 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.80 0.30 23.82 -17.50 1980 - 2018 percent Monthly
2013=100, NSA




Country Last Previous
Argentina -6.80 Oct/18
Australia 2.80 Sep/18
Brazil 1.10 Oct/18
Canada 2.76 Aug/18
China 5.90 Oct/18
Euro Area 0.90 Sep/18
France -0.70 Oct/18
Germany 1.60 Oct/18
India 4.50 Sep/18
Indonesia 1.50 Sep/18
Italy 1.00 Oct/18
Japan 4.20 Oct/18
Mexico 1.80 Sep/18
Netherlands 0.80 Oct/18
Russia 3.70 Oct/18
Saudi Arabia 5.84 Jun/18
Singapore 4.30 Oct/18
South Africa 3.00 Oct/18
South Korea 10.70 Oct/18
Spain 0.80 Oct/18
Switzerland 1.40 Sep/18
Turkey -2.70 Sep/18
United Kingdom -0.80 Oct/18
United States 4.10 Oct/18


Related

Latest