Mexico’s industrial output fell 0.7% year-on-year in June 2025, after a 0.8% drop in May. The slowdown in the decline was mainly supported by construction (up 1.7% vs 0.5%), boosted by building activity (8.1% vs 5.7%), and manufacturing (0.7% vs 0.5%). Meanwhile, the mining contraction deepened to 8.6% from 8.2% in May. On a seasonally adjusted monthly basis, output slipped 0.1%, reversing a 0.7% gain in the previous month.