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December 12, 2021
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Industrial activity in Mexico stagnates

Industrial activity in Mexico stagnates

If it is compared annually, an advance of 1.6% is obtained. However, it remains 4.1% below the levels of January 2020, that is, before the pandemic.

Industrial activity went from a rebound with annualized growths of 34.8% and 36.6% in April and May 2021, to growing at a rate of 1.8 and 1.6% in September and October of this year.

By sectors of economic activity, construction increased 3% in its annual comparison, but decreased 1.3% compared to the previous month. The manufacturing industry grew 1.8% monthly and 1.6% compared to October 2020.

On the other hand, the generation, transmission and distribution of electric energy, supply of water and gas through pipelines to the final consumer grew 1.2% compared to September, but it decreased 2.4% compared to October last year.

Finally, mining activity remained stagnant, growing just 0.2% in October, compared to the previous month, and 1% at an annual rate.



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