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.

 


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