Manufacturing Production in Mexico decreased 37.06 percent in May of 2020 over the same month in the previous year.
Manufacturing Production in Mexico averaged 2.04 percent from 1994 until 2020, reaching an all time high of 18.26 percent in March of 1998 and a record low of -37.06 percent in May of 2020. This page provides - Mexico Manufacturing Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Manufacturing Production - values, historical data and charts - was last updated on August of 2020. source: Instituto Nacional de Estadística y Geografía (INEGI)
Manufacturing Production in Mexico is expected to be -2.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Production in Mexico to stand at 2.10 in 12 months time. In the long-term, the Mexico Manufacturing Production is projected to trend around 2.20 percent in 2021 and 3.00 percent in 2022, according to our econometric models.