Mexico | Industrial production down 0.4% MoM (sa) in January

Summary

In annual terms it grew by just 0.8% (YoY), sa, while in original series industrial production grew marginally by 0.3% YoY. Industrial production’s negative monthly performance in January was due mainly to the fall in construction (-1.5% MoM, sa); in mining (-0.5% MoM, sa), and in manufacturing (-0.1% MoM, sa), its second successive month of contraction

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