Industrial production in Mexico fell 0.8 percent year-on-year in February 2019, following an upwardly revised 1 percent decline January and in line with market expectations. It was the smallest decrease in industrial output since December 2017, as production dropped less for mining & quarrying (-6.4 percent vs -10.1 percent in January), namely extraction oil & gas (-8.8 percent vs -15.1 percent); and utilities (-1.1 percent vs -1.7 percent), mostly electricity generation (-1.8 percent vs -2.4 percent). Meanwhile, manufacturing output growth slowed (1.1 percent vs 1.3 percent), of which clothing (-3.9 percent vs -3.1 percent), and metallic products (-5.6 percent vs -2.6 percent). Also, construction production fell (-1.1 percent vs 1.3 percent), driven by civil engineering works (-3.5 percent vs 2.2 percent) and buildings (0.5 percent vs 3.2 percent). On a seasonally adjusted monthly basis, industrial output went up 0.3 percent, after an upwardly revised 0.7 percent gain in January. Industrial Production in Mexico averaged 1.76 percent from 1980 until 2019, reaching an all time high of 23.82 percent in October of 1996 and a record low of -17.50 percent in October of 1995.

Industrial Production in Mexico is expected to be -2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Mexico to stand at 1.60 in 12 months time. In the long-term, the Mexico Industrial Production is projected to trend around 1.40 percent in 2020, according to our econometric models.

Mexico Industrial Production
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-11 02:00 PM Industrial Production YoY -1.3% 1% 0.5% 0.6%
2019-02-11 02:00 PM Industrial Production YoY -2.5% -1.3% 0.5% 0.2%
2019-03-13 02:00 PM Industrial Production YoY -0.9% -2.5% -2.2% -1.5%
2019-04-11 01:00 PM Industrial Production YoY -0.8% -1% -0.8% -1.6%
2019-05-10 01:00 PM Industrial Production YoY -0.8% -2.2%
2019-06-11 01:00 PM Industrial Production YoY
2019-07-12 01:00 PM Industrial Production YoY


Mexico Business Last Previous Highest Lowest Unit
Business Confidence 51.50 51.40 58.10 33.70 Index Points [+]
Manufacturing PMI 49.80 52.60 57.10 49.20 [+]
Industrial Production -0.80 -1.00 23.82 -17.50 percent [+]
Industrial Production Mom 0.30 0.70 8.50 -7.80 percent [+]
Manufacturing Production 1.14 1.29 18.26 -17.74 percent [+]
Capacity Utilization 81.20 78.80 82.50 74.10 percent [+]
Changes in Inventories 175359.00 166654.31 280468.77 49272.84 MXN Million [+]
Total Vehicle Sales 61448.00 68254.00 127604.00 6318.00 [+]
Car Production 346.87 311.83 381.99 35.61 Thousand Units [+]
Car Registrations 61448.00 68254.00 127604.00 6318.00 [+]
Leading Economic Index 1.30 0.00 12.60 -9.80 percent [+]
Internet Speed 7538.43 7213.58 7538.43 949.27 KBps [+]
IP Addresses 13309655.00 13057425.00 14700484.00 4009120.00 IP [+]
Private Investment 1.60 -6.80 33.10 -41.90 percent [+]
Mining Production -6.43 -10.14 45.30 -25.22 percent [+]
Steel Production 1435.00 1660.00 1850.00 466.00 Thousand Tonnes [+]
Competitiveness Index 64.60 64.14 64.60 4.18 Points [+]
Competitiveness Rank 46.00 44.00 66.00 44.00 [+]
Ease of Doing Business 54.00 49.00 55.00 42.00 [+]
Corruption Index 28.00 29.00 37.00 26.60 Points [+]
Corruption Rank 138.00 135.00 138.00 32.00 [+]


Mexico Industrial Production

In Mexico, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides - Mexico Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Industrial Production - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-0.80 -1.00 23.82 -17.50 1980 - 2019 percent Monthly
2013=100, NSA




Country Last Previous
Argentina -8.50 Feb/19
Australia 2.80 Sep/18
Brazil 2.00 Feb/19
Canada 1.19 Jan/19
China 8.50 Mar/19
Euro Area -0.30 Feb/19
France 0.60 Feb/19
Germany -0.40 Feb/19
India 0.10 Feb/19
Indonesia 5.20 Jan/19
Italy 0.90 Feb/19
Japan -1.10 Feb/19
Mexico -0.80 Feb/19
Netherlands -0.30 Feb/19
Russia 1.20 Mar/19
Saudi Arabia 2.34 Sep/18
Singapore 0.70 Feb/19
South Africa 0.60 Feb/19
South Korea -2.70 Feb/19
Spain -0.30 Feb/19
Switzerland 5.10 Dec/18
Turkey -5.10 Feb/19
United Kingdom 0.10 Feb/19
United States 2.80 Mar/19


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