Mexican industrial production in May slightly rose 0.3 percent, year-on-year, according to data released by the nation’s statistics agency (Inegi) late this week.
According to government data, industrial production in the local mining segment in May dropped 6.6 percent, year-on-year. On the other hand, industrial output at the civil construction and manufacturing industry segments rose 0.5 and 2.8 percent, year-on-year.
Inegi said industrial production in May was mostly stable on a month-on-month basis, with a marginal 0.1 percent growth compared to April. Industrial production at the local mining and civil construction sectors in May decreased 0.7 and 0.9 percent, respectively, month-on-month. Industrial output at the local manufacturing industry segment increased 1.9 percent in May, month-on-month.