Mexican industrial production declines in May

Monday, 15 July 2019 00:26:51 (GMT+3)   |   Sao Paulo
       

Mexican industrial output in May declined 3.1 percent, year-on-year, and 2.1 percent, month-on-month, according to data released by the local statistics agency, Inegi.

According to government data, industrial production in the local mining sector in May decreased 8.9 percent, year-on-year. Likewise, industrial output in the civil construction sector in May dropped 9 percent, also on a year-on-year basis.

On the other hand, industrial output in the local manufacturing industry segment in May slightly rose 0.4 percent, year-on-year.

Inegi said industrial production in the local mining segment in May diminished 1.3 percent, month-on-month.

Following the same downtrend, industrial production in the civil construction and manufacturing segments in May declined 6.2 percent, and 0.2 percent, month-on-month, respectively.

 


Similar articles

Mexican metal scrap imports fall 27 percent by value in February

24 Apr | Steel News

Companies that contribute 30 percent of Mexico's GDP celebrate new steel tariffs

24 Apr | Steel News

Mexico sets tariffs up to 50 percent on certain steel imports

23 Apr | Steel News

Mexican iron pellet production in February up 2.8 percent

22 Apr | Steel News

Construction value in Mexico up 25.9 percent in February

22 Apr | Steel News

Mexican wire rod production down 0.5 percent in February

19 Apr | Steel News

Wholesale metal scrap sales in Mexico down 12.8 percent in February

19 Apr | Steel News

Mexican domestic scrap prices - week 16, 2024

19 Apr | Scrap & Raw Materials

Mexican rebar consumption up 2.4 percent in February

18 Apr | Steel News

Consumption of steel plate in Mexico decreases 5.5 percent in February

18 Apr | Steel News