Mexico's industrial production declined 1.3 percent from a year earlier in August 2019, following an upwardly revised 1.8 percent fall in the previous month and compared with market consensus of a 1.9 percent decrease. Output dropped less in mining & quarrying (-3.2 percent compared to -7.6 percent in July) and construction (-2.9 percent compared to -8.5 percent). Additionally, production of utilities rose 2.7 percent, rebounding from a 1 percent fall in July. On the other hand, manufacturing output went down 0.5 percent, after a 3 percent gain. On a seasonally monthly basis, industrial output increased 0.8 percent, rebounding from a downwardly revised 0.3 percent decline and beating expectations of a 0.5 percent rise. Industrial Production in Mexico averaged 1.70 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 1.60 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 1.60 percent in 2020, according to our econometric models.

Mexico Industrial Production
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Calendar GMT Actual Previous Consensus TEForecast
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 -1.7% -2.9% -1.8% -2.7%
2019-10-11 11:00 AM Industrial Production YoY Aug -1.3% -1.8% -1.9% -1.8%
2019-11-11 12:00 PM Industrial Production YoY Sep -1.3% 0.5%
2019-12-12 12:00 PM Industrial Production YoY Oct


Mexico Business Last Previous Highest Lowest Unit
Business Confidence 50.30 49.90 58.60 34.00 Index Points [+]
Manufacturing PMI 49.10 49.00 57.10 49.00 [+]
Industrial Production -1.30 -1.80 23.82 -17.50 percent [+]
Industrial Production Mom 0.80 -0.30 8.50 -8.00 percent [+]
Manufacturing Production -0.48 3.04 18.26 -17.74 percent [+]
Capacity Utilization 82.60 81.10 82.60 74.10 percent [+]
Changes in Inventories 125471.00 175670.00 280410.00 49273.00 MXN Million [+]
Total Vehicle Sales 63059.00 62669.00 127604.00 6318.00 [+]
Car Production 318.91 337.46 381.99 35.61 Thousand Units [+]
Car Registrations 63059.00 62669.00 127604.00 6318.00 [+]
Leading Economic Index 0.30 -0.90 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 [+]
Steel Production 1410.00 1440.00 1850.00 466.00 Thousand Tonnes [+]
Private Investment -7.60 -8.80 33.10 -41.90 percent [+]
Mining Production -3.18 -7.57 45.30 -25.22 percent [+]
Competitiveness Index 64.95 64.60 64.95 4.18 Points [+]
Competitiveness Rank 48.00 46.00 66.00 44.00 [+]
Crude Oil Rigs 44.00 33.00 107.00 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 6686.00 6746.00 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1.30 -1.80 23.82 -17.50 1980 - 2019 percent Monthly
2013=100, NSA




Country Last Previous
Argentina -6.40 Aug/19
Australia 1.90 Jun/19
Brazil -2.30 Aug/19
Canada -1.12 Jul/19
China 4.40 Aug/19
Euro Area -2.00 Jul/19
France -1.40 Aug/19
Germany -4.00 Aug/19
India -1.10 Aug/19
Indonesia 8.10 Jul/19
Italy -1.80 Aug/19
Japan -4.70 Aug/19
Mexico -1.30 Aug/19
Netherlands -0.60 Aug/19
Russia 2.90 Aug/19
Saudi Arabia 1.40 Dec/18
Singapore -8.00 Aug/19
South Africa -1.80 Aug/19
South Korea -2.90 Aug/19
Spain 1.70 Aug/19
Switzerland 4.80 Jun/19
Turkey -1.20 Jul/19
United Kingdom -1.80 Aug/19
United States 0.40 Aug/19


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