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Mexico’s industrial output extends declines in July
Mexico's industrial production declined by 1.2pc in July from the prior month, as manufacturing and construction got off to a weak start for the third quarter. The contraction in the July industrial activity indicator (IMAI), reported Thursday by statistics agency Inegi, follows on an updated 0.3pc decline in June — revised from the 0.1pc contraction Inegi initially reported for June. The July result also marks two months of downside surprises for analysts, with the consensus provided by Mexican bank Banorte for July forecasting a 0.2 decline in July after having projected a 0.2pc expansion for June. By sectors, ... (full story)
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- Sep 11, 2025 8:07pm Posted byFundamental Analysis273
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