12 August 2026, 02:27 Mexico: Industrial Activity Rises More Than Expected.
Mexico’s industrial production rose 1.7% year-on-year in June 2026, rebounding from a 0.7% decline in May and beating market expectations of 1.5% growth, with gains recorded across sectors. The recovery was led by mining and quarrying activity, rising 6.6% after a 3.9% gain in the prior month. Gains in construction activity, which rose by 5% after a 0.3% drop, were led by an increase in civil engineering works (8.9%) and buildings (5.2%). Utilities output also rebounded, rising 0.7% after a 0.9% drop. Meanwhile, manufacturing activity edged up 0.1% following a 1.5% decline, led by gains in the manufacturing of computers and communication related equipment (5.8%), machinery and equipment (5.5%) and chemical products (5.3%), which were partially offset by declines in other sectors, namely manufacturing of textile inputs and finishing of textiles (-7.2%). On a seasonally adjusted monthly basis, industrial activity edged up 0.2% in June, rebounding from a 0.8% drop in the prior month.
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