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 July 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.

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Mexico Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2022-05-12 11:00 AM Mar 2.6% 2.4% 2.1% 1.1%
2022-06-10 11:00 AM Apr 2.7% 2.7% 1.8% 1.3%
2022-07-12 11:00 AM May 2.7% 0.8%


Related Last Previous Unit Reference
Business Confidence 51.90 52.10 points Jun 2022
Industrial Production Mom 0.60 0.40 percent Apr 2022
Industrial Production 2.70 2.70 percent Apr 2022
Manufacturing Production 3.87 3.59 percent Apr 2022
Capacity Utilization 81.50 85.40 percent Apr 2022
Changes in Inventories 54358.00 76098.00 MXN Million Mar 2022
Total Vehicle Sales 43359.00 40522.00 Units May 2022
Car Registrations 43359.00 40522.00 May 2022
Car Production 275.44 251.55 Thousand Units May 2022
Private Investment 5.90 2.00 percent Mar 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
2.70 2.70 35.68 -30.19 1980 - 2022 percent Monthly
2013=100, NSA

News Stream
Mexico Industrial Output Growth Beats Expectations
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.
2022-06-10
Mexico Industrial Output Growth Beats Expectations
Mexico’s industrial production rose 2.6 percent year-on-year in March of 2022, quickening from a revised 2.4 percent increase in the previous month and beating market expectations of a 2.1 percent gain. It was the thirteenth straight month of growth in industrial activities, mainly led by manufacturing (3.6 percent), construction (3.0 percent), and utilities (2.8 percent). Meanwhile, mining output dropped (-1.3 percent). On a seasonally adjusted monthly basis, industrial output rose 0.4 percent in March, rebounding from a 1.0 percent decline in February and compared with market expectations of a 0.7 percent increase.
2022-05-12
Mexico Industrial Output Grows Less than Expected
Industrial production in Mexico rose by 2.5 percent from a year earlier in February of 2022, down from a 4.3 percent increase in January and below market expectations a 3.9 percent growth. Output dropped for mining (-2.9 percent vs 10 percent in January) and construction (-4.0 percent vs 0.8 percent). On the other hand, production rose faster for manufacturing (6.9 percent vs 4.0 percent) and utilities (4.2 percent vs 1.6 percent). On a seasonally adjusted monthly basis, industrial output unexpectedly fell 1.0 percent, following a revised 1.3 percent rise in the prior month and compared to market estimates of a 0.3 percent increase.
2022-04-11