Mining production in Mexico increased 5.80 percent year-on-year in January of 2020, following a 0.4 percent gain in the previous month. It was the largest gain in mining output, mainly due to oil & gas extraction (6.9 percent from 0.4 percent), metallic & non-metallic minerals (1.7 percent from -0.1 percent) and mining-related services (6.5 percent from 1.8 percent).
Mining Production in Mexico averaged -0.46 percent from 1994 until 2020, reaching an all time high of 45.30 percent in October of 1996 and a record low of -25.20 percent in October of 1995. This page provides - Mexico Mining Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mexico Mining Production - values, historical data and charts - was last updated on April of 2020. source: INEGI - Instituto Nacional de Estadistica, Geografia e Informatica, Mexico
Mining Production in Mexico is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Mining Production in Mexico to stand at -4.50 in 12 months time. In the long-term, the Mexico Mining Production is projected to trend around -7.00 percent in 2021 and -8.50 percent in 2022, according to our econometric models.