Industrial Production in Mexico increased 0.80 percent over a month earlier in August of 2019, rebounding from a downwardly revised 0.3 percent fall in the previous month and beating market expectations of a 0.5 percent gain. Industrial Production Mom in Mexico averaged 0.13 percent from 1993 until 2019, reaching an all time high of 8.50 percent in November of 1995 and a record low of -8 percent in February of 1995.
Industrial Production Mom in Mexico is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production Mom in Mexico to stand at 0.10 in 12 months time. In the long-term, the Mexico Industrial Production MoM is projected to trend around 0.20 percent in 2020, according to our econometric models.