Mexico’s industrial production rose 2.7 percent year-on-year in April of 2022, unchanged from the previous month but beating market expectations of a 1.8 percent gain. Gains were driven by manufacturing (4.5 percent), utilities (3.2 percent), construction (2.1 percent), and mining (0.1 percent). On a seasonally adjusted monthly basis, industrial output rose 0.6 percent in April, accelerating from a 0.4 percent increase in March compared with market expectations of a 0.1 percent gain. source: Instituto Nacional de Estadística y Geografía (INEGI)
Industrial Production in Mexico averaged 1.54 percent from 1980 until 2022, reaching an all time high of 35.68 percent in May of 2021 and a record low of -30.19 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 June of 2022.
Industrial Production in Mexico is expected to be -0.60 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 2023, according to our econometric models.