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. source: Instituto Nacional de Estadística y Geografía (INEGI)

Industrial Production in Mexico averaged 1.53 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 September of 2021.

Industrial Production in Mexico is expected to be 5.50 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

Actual Previous Highest Lowest Dates Unit Frequency
7.30 13.50 36.50 -30.43 1980 - 2021 percent Monthly
2013=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-11 11:00 AM Apr 36.6% 1.7% 36.7% 40%
2021-07-12 11:00 AM May 36.4% 36.5% 36.9% 33%
2021-08-11 11:00 AM Jun 13.5% 36.4% 15.7% 16%
2021-09-10 11:00 AM Jul 7.3% 13.5% 7% 10%
2021-10-12 11:00 AM Aug 7.3%
2021-11-11 12:00 PM Sep
2021-12-10 12:00 PM Oct


News Stream
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 Output Growth Slows More than Expected
Mexico's industrial production advanced 13.5 percent over a year earlier in June of 2021, following a 36.4 percent surge in the previous month and slightly below market expectations of a 15.7 percent rise. The latest reading pointed to the fourth straight month of rising industrial activity, although at a softer rate. Output growth slowed for all activities, namely construction (15.2 percent vs 45 percent); manufacturing (16.3 percent vs 48 percent); mining (5 percent vs 9 percent) and utilities (7.1 percent vs 8.5 percent). On a seasonally adjusted monthly basis, industrial output shrank 0.5 percent, following a revised flat reading in the prior month and against market estimates of a 0.2 percent gain.
2021-08-11
Mexico Industrial Output Rises at Near Record Pace
Mexico's industrial production expanded 36.4 percent over a year earlier in May of 2021, almost unchanged from a downwardly revised 36.5 percent surge in the previous month and was marginally lower than market expectations of a 36.9 percent increase. The latest reading pointed to the second straight month of double-digit growth in industrial output and the second strongest on records, mainly due to low base effects accounting for the pandemic effects on industrial activity last year. Main upward pressure came from manufacturing (48.0 percent vs 52.0 percent in April) and construction (45.0 percent vs 44.9 percent). To a lesser extent, positive contributions also came from mining activities (8.9 percent vs 5.2 percent) and production of utilities (8.7 percent vs -2.8 percent). On a seasonally adjusted monthly basis, industrial output edged up 0.1 percent, following an upwardly revised 0.3 percent decline in the prior month and missed market estimates of a 0.3 percent gain.
2021-07-12
Mexico Industrial Output Surges at Record Pace in April
Mexico's industrial production surged 36.6 percent over a year earlier in April of 2021, following a 1.7 percent rise in the previous month and was marginally lower than market expectations of a 36.7 percent increase. It was the fastest expansion in industrial output on records, mainly due to low base effects accounting for the pandemic effects on industrial activity last year. Main upward pressure came from manufacturing (52.0 percent vs 6.3 percent in March) and construction (45.1 percent vs -5.6 percent). Meanwhile, output also rebounded in mining (5.5 percent vs -2.2 percent) and production of utilities contracted at a softer pace (-3.1 percent vs -3.5 percent). On a seasonally adjusted monthly basis, industrial output edged down 0.2, the first monthly decline since May of 2020, following a 0.7 percent advance in the prior month and came in line with market estimates.
2021-06-11

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.