Industrial production increases 0.3% in August

Mining production, electricity production, transmission, and distribution, piped water and gas supply, construction, and manufacturing increased 0.3% the highest rate since December 2015
Photo: File photo/EL UNIVERSAL
12/10/2017
14:00
Rubén Migueles
Mexico City
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In August, the dynamism of manufacturing and construction increased Mexico's industrial production, according to the National Institute of Statistics and Geography (Instituto Nacional de Estadística y Geografía abbreviated Inegi).

Mining production, electricity production, transmission, and distribution, piped water and gas supply, construction, and manufacturing increased 0.3% during August 2017, the highest rate since December 2015.

On an individual basis, the manufacturing industries increased 0.5% and the construction sector increased 0.3% while mining decreased 2.3% and electricity production, transmission, and distribution, along with water and gas supply by pipeline fell 0.5% compared to the previous month.

It should be noted that half of manufacturing activities reported a monthly increase in August such as basic metal industries (9.3%) and petroleum and coal products (8.4%) compared with the previous month.

However, in an annual comparison, Mexico's industrial production presented 0.6% decrease in August.

On an individual basis, mining (-9.6%), construction (-1.5%), and electricity production, transmission, and distribution, along with water and gas supply by pipeline (-0.5%) while manufacturing increased 3.1% compared to August 2016.

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