Industry in Mexico

Mexico Industry | Economic News & Forecasts

Mexico - Industry

Available fourth-quarter data points to a moderate cool-off as domestic demand appeared to hobble through year-end. Household spending looks to have been alone at the helm; real wages were on the rise and consumer confidence rode high, both despite elevated inflation. On the other hand, industrial-sector bellwethers have missed the mark in recent months. Along with the deterioration of activity within the pivotal manufacturing sector, these hint at subdued late-year fixed investment. All this follows a solid third-quarter outturn framed by export-driven gains but a slowdown domestically. Andrés Manuel López Obrador’s (AMLO) new government calmed investors’ concerns somewhat on 15 December when it unveiled this year’s budget. Markets responded positively to the restrained spending plans—and its primary fiscal surplus of 1.0% of GDP—and gave the leftist a sorely-needed first win. He initially sent financial markets into a tailspin by scrapping Mexico City’s partially-built airport (NAIM) in late October.

Mexico - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)-0.2  2.6  1.2  0.4  -0.6  

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Mexico Industry Chart


Mexico Industry
Note: Annual variation of industrial production in %.
Source: Mexico National Statistical Institute (INEGI) and Met the why particular calculations.

Mexico Facts

ValueChangeDate
Bond Yield8.73-0.24 %Jan 22
Exchange Rate19.17-0.29 %Jan 22
Stock Market43,7680.12 %Jan 22

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