Mexico's industrial production slumped 2.9 percent from a year earlier in June 2019, following a 3.3 percent drop in the previous month and worse than market expectations of a 2.5 percent contraction. Manufacturing shrank 0.8 percent (vs 0.7 percent in May) and construction output plunged 6.8 percent (vs -9.6 percent in May). Also, mining & quarrying fell 5.6 percent (vs -8.9 percent in May), while utilities output rose 1.3 percent (vs 2.3 percent in May). On a seasonally monthly basis, industrial production rebounded 1.1 percent, after a 2.5 percent slump in the previous month. Industrial Production in Mexico averaged 1.72 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 -1.20 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 1.50 in 12 months time. In the long-term, the Mexico Industrial Production is projected to trend around 1.60 percent in 2020, according to our econometric models.

Mexico Industrial Production
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-10 01:00 PM Industrial Production YoY Mar -0.1% -1% -0.3% -1.5%
2019-06-11 01:00 PM Industrial Production YoY Apr -2.9% -0.1% -2.5% 0.2%
2019-07-12 11:00 AM Industrial Production YoY May -3.3% -2.8% -1.5% -1.1
2019-08-09 11:00 AM Industrial Production YoY Jun -2.9% -3.3% -2.5% -1.2%
2019-09-11 11:00 AM Industrial Production YoY Jul -2.9%
2019-10-11 11:00 AM Industrial Production YoY Aug
2019-11-11 12:00 PM Industrial Production YoY Sep -1.1%


Mexico Business Last Previous Highest Lowest Unit
Business Confidence 49.50 50.70 58.60 34.00 Index Points [+]
Manufacturing PMI 49.80 49.20 57.10 49.20 [+]
Industrial Production -2.91 -3.29 23.82 -17.50 percent [+]
Industrial Production Mom 1.10 -2.50 8.50 -8.00 percent [+]
Manufacturing Production -0.83 0.68 18.26 -17.74 percent [+]
Capacity Utilization 81.50 80.70 82.50 74.10 percent [+]
Changes in Inventories 185467.00 179436.00 280468.77 49272.84 MXN Million [+]
Total Vehicle Sales 63912.00 59524.00 127604.00 6318.00 [+]
Car Production 292.64 337.25 381.99 35.61 Thousand Units [+]
Car Registrations 63912.00 59524.00 127604.00 6318.00 [+]
Leading Economic Index -0.40 -1.50 12.60 -11.00 percent [+]
Internet Speed 7538.43 7213.58 7538.43 949.27 KBps [+]
IP Addresses 13309655.00 13057425.00 14700484.00 4009120.00 IP [+]
Mining Production -5.60 -8.94 45.30 -25.22 percent [+]
Private Investment -7.40 -5.80 33.10 -41.90 percent [+]
Steel Production 1580.00 1670.00 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 [+]
Crude Oil Rigs 37.00 32.00 107.00 8.00 [+]
Corruption Index 28.00 29.00 37.00 26.60 Points [+]
Corruption Rank 138.00 135.00 138.00 32.00 [+]
Ease of Doing Business 54.00 49.00 55.00 42.00 [+]
Gold Production 7127.00 6621.00 11688.00 384.00 Kg [+]


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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-2.91 -3.29 23.82 -17.50 1980 - 2019 percent Monthly
2013=100, NSA




Country Last Previous
Argentina -6.90 Jun/19
Australia 1.20 Mar/19
Brazil -5.90 Jun/19
Canada 2.14 Apr/19
China 4.80 Jul/19
Euro Area -2.60 Jun/19
France 0.00 Jun/19
Germany -5.20 Jun/19
India 2.00 Jun/19
Indonesia 2.60 May/19
Italy -1.20 Jun/19
Japan -3.80 Jun/19
Mexico -2.91 Jun/19
Netherlands -1.90 Jun/19
Russia 2.80 Jul/19
Saudi Arabia 1.40 Dec/18
Singapore -6.90 Jun/19
South Africa -3.20 Jun/19
South Korea -2.90 Jun/19
Spain 1.80 Jun/19
Switzerland 4.30 Mar/19
Turkey -3.90 Jun/19
United Kingdom -0.60 Jun/19
United States 0.50 Jul/19


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