Industrial Production Grew 4.2% in January

AddThis Social Bookmark Button

The manufacturing and construction sectors pushed industrial production to a 4.2% annual rate during January, according to the National Statistics and Geography Institute.

With monthly rate figures, the industrial production indicator advanced 0.83% in the first month of 2012, underpinned by the manufacturing sector which climbed 0.98%, followed by construction with 0.82%.

It should be mentioned that Mexican industry grew 3.8% although a slight deceleration is expected apace with the country's economy.

Annual Comparison by Economic Sector:


1. Manufacturing: 5.6%

2. Construction: 4.8%

3. Electricity, Water and Gas: 3.3%

4. Mining: fell 1.3% in the month in question.