Mexico's industrial production dropped 1 percent from a year earlier in December 2019, following a 2.1 percent fall in the previous month and compared with market expectations of a 0.4 percent decrease. It was the fourteenth consecutive decline in industrial output and the smallest since March, as manufacturing production shrank less (-0.5 percent from -3.2 percent in November). Also, utilities output advanced further (6.5 percent from 3.3 percent). On the other hand, construction output decreased at a faster pace (-4.5 percent from -3.5 percent) and mining production growth slowed (0.4 percent from 0.9 percent). Considering full 2019, industrial output fell 1.8 percent compared to 2018.

Industrial Production in Mexico averaged 1.68 percent from 1980 until 2019, reaching an all time high of 23.80 percent in October of 1996 and a record low of -17.50 percent in October of 1995. This page provides - Mexico Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Instituto Nacional de Estadística y Geografía (INEGI)

Industrial Production in Mexico is expected to be 1.30 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 1.80 in 12 months time. In the long-term, the Mexico Industrial Production is projected to trend around 1.60 percent in 2021 and 1.70 percent in 2022, according to our econometric models.


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Mexico Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
-1.00 -2.30 23.80 -17.50 1980 - 2019 percent Monthly
2013=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-11-11 12:00 PM Sep -1.8% -1.3% -1.9% -3.8%
2019-12-12 12:00 PM Oct -3% -1.8% -2.1% -2.3%
2020-01-10 12:00 PM Nov -2.1% -3% -2.1% -1.5%
2020-02-11 12:00 PM Dec -1% -2.1% -0.4% -1.9%
2020-03-13 12:00 PM Jan -1% -0.7%
2020-04-08 11:00 AM Feb
2020-05-12 11:00 AM Mar 1.3%
2020-06-10 11:00 AM Apr
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Mexico Industrial Output Falls the Least in 9 Months
Mexico's industrial production dropped 1 percent from a year earlier in December 2019, following a 2.1 percent fall in the previous month and compared with market expectations of a 0.4 percent decrease. It was the fourteenth consecutive decline in industrial output and the smallest since March, as manufacturing production shrank less (-0.5 percent from -3.2 percent in November). Also, utilities output advanced further (6.5 percent from 3.3 percent). On the other hand, construction output decreased at a faster pace (-4.5 percent from -3.5 percent) and mining production growth slowed (0.4 percent from 0.9 percent). Considering full 2019, industrial output fell 1.8 percent compared to 2018.
2020-02-11
Mexico Industrial Output Shrinks for 13th Month
Mexico's industrial production fell 2.1 percent from a year earlier in November 2019, following a 3 percent decline in the prior month and in line with market expectations. It was the thirteenth consecutive month of downturn in industrial activity, as production declined for manufacturing (-3 percent vs -1.3 percent in October) and construction (-3.4 percent vs -9.3 percent). In addition, output rose less for utilities (3.2 percent vs 4.4 percent). Conversely, the mining sector posted the first gain since September 2018 (0.9 percent vs -2.3 percent), mainly due to a rebound in oil and gas output (0.8 percent vs -4.2 percent). On a seasonally adjusted monthly basis, industrial production rose 0.8 percent, after an upwardly revised 1.5 percent slump in the previous month. Year-to-date, industrial activity shrank 1.8 percent compared to the same period in 2018.
2020-01-10
Mexico Industrial Output Falls the Most in 5 Months
Mexico's industrial production fell 3 percent from a year earlier in October 2019, following a 1.8 percent decline in the previous month and above market forecasts of a 2.1 percent decrease. manufacturing production dropped 1.2 percent, after rising 0.8 percent in September; and construction output declined further (-9.3 percent compared to -8.3 percent). On the other hand, utilities output increased at a faster pace (4.1 percent compared to 3.2 percent), while mining & quarrying production fell less (-2.1 percent compared to -3 percent). On a seasonally monthly basis, industrial output went down 1.1 percent, following a downwardly revised 0.6 percent decline in the prior month.
2019-12-12
Mexico Industrial Output Falls Less than Expected
Mexico's industrial production dropped 1.8 percent from a year earlier in September 2019, following a 1.3 percent fall in the previous month and slightly below market consensus of a 1.9 percent fall. Construction output went down further (-8.3 percent from -3.5 percent in August); and output growth slowed for utilities (3.4 percent from 4 percent). On the other hand, manufacturing production rebounded (0.8 percent from -0.2 percent); and mining & quarrying output fell less (-2.8 percent from -3.7 percent). On a seasonally monthly basis, industrial output was unchanged, after a downwardly revised 0.6 percent gain in the prior month and above market consensus of a 0.7 percent decline.
2019-11-11

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.