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Mexican Industrial Output Records Sharpest Monthly Jump Since 2021

A 2.1% surge in industrial production during April marks Mexico’s most significant monthly recovery in over five years, driven by a robust expansion in construction and manufacturing. The data from the national statistics institute, Inegi, signals a sharp reversal for the sector after a period of stagnation earlier this year.

Mexican Industrial Output Records Sharpest Monthly Jump Since 2021

Construction activity led the charge with a 7.6% increase, while manufacturing output climbed 1.2%. Within the manufacturing sphere, the automotive industry—specifically vehicle and auto parts production—saw a 2.5% boost, closely followed by a 2.4% rise in electronic equipment manufacturing. These gains successfully offset weaker performances in other areas of the economy.

Mining output fell 0.7%, hampered by a 0.6% decline in oil and gas production, while utilities slipped 0.3%. Despite the strong monthly showing, the broader trend remains uneven; industrial production for the January–April period is currently down 0.3% compared to the start of 2025, even as the unadjusted year-over-year figures show a 2.3% gain.

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