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Industrial production increases 0.3% in August

12/10/2017
14:00
Rubén Migueles
Mexico City
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Mining production, electricity production, transmission, and distribution, piped water and gas supply, construction, and manufacturing increased 0.3% the highest rate since December 2015

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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