INEGI: Mexico’s mining, construction activity decline in July

Thursday, 01 October 2009 01:46:12 (GMT+3)   |  
       

Mining activity in Mexico decreased by 4.48 percent in July compared to the previous month and by 12.9 percent compared to the same month last year, reported the National Institute of Geography and Statistics (INEGI) on Wednesday. This drop reverses the upward trend seen in June, when output increased from the previous month by 6.70 percent.

The accumulated output in the mining sector from January to July decreased by 11.9 percent when compared to the same period of time last year.

Mexican coke production in July sharply decreased to 106,589 mt or down 20.9 percent from last year; coal production reached 886,914 mt and declined 8.1 percent compared to July 2008; while iron ore production totaled 599,271 mt or fell 4.1 percent, reported INEGI.

INEGI also reported on Wednesday on the conditions of Mexico's construction sector. INEGI's analysis, based on a national survey of construction companies, shows that Mexico's construction activity declined in July by 7.1 percent compared to the same month last year, and decreased 1.11 percent compared to June.

Construction activity from January to July declined 5.9 percent when compared to last year's levels during the same months.


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