Mexico's industrial production shrank by 3.6% year-on-year in August 2025, extending a 2.7% slump in July and worse than the expected 2.2% drop. This marked the fifth consecutive month of downturn in Mexican industrial activity, amid broad-based sectoral declines. Output fell for mining (-6.8% vs -5.8% in July); construction (-4% vs -3.6%); manufacturing (-3.1% vs -1.9%) and utilities (-2.2% vs -3.7%). On a seasonally adjusted monthly basis, output fell by 0.3% in August, after a 1.2% decline in the prior month. Year-to-date, industrial output dropped by 1.7% over a year ago.