Industry in Mexico

Mexico Industry | Economic News & Forecasts

Mexico - Industry

Andrés Manuel López Obrador (AMLO) won the 1 July presidential vote by a 30-point margin, comfortably securing a six-year term as president. The leftist’s landslide victory was widely expected and followed months of market volatility as investors anxiously priced in his policy proposals. A concerted push by AMLO’s campaign to calm investors appeared to work in the weeks running up to the ballot, however, as the peso began an earnest recovery. Moreover, the president-elect’s conciliatory post-election speech positioned him as a pragmatic centrist committed to fiscal responsibility—despite campaign pledges to boost social spending. Although AMLO is only set to take office in December, he appears poised to inherit an improving economy; consumer-spending metrics ticked higher in the second quarter. Meanwhile, industry-related metrics have improved somewhat in recent months on firmer manufacturing output.

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 Yield7.79-0.24 %Jul 17
Exchange Rate18.89-0.29 %Jul 17
Stock Market48,7050.12 %Jul 17

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