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MEXICO: Industrial Output Rises 0.9% In January From A Year Earlier

(Agencia CMA Latam) - Industrial output in Mexico rose 0.9% in January from a year before, gaining strength from the previous month when the output decreased 0.66%, according to the country's statistics office (Inegi).

It was the largest annual rise in the industrial output since March 2017, when industrial production rose 3,90%.

On a monthly and seasonally adjusted comparison, Mexican industrial output remained stable in January. In December, production grew 0.95%.

The mining sector output, which includes production from the oil sector, decreased 5.0% in January from a year before and rose 1.6% compared to December.

The construction sector output was up 4.0% on an annual basis and increased 0.5% on a monthly comparison, while the energy, water and gas production rose 1.6% in January from a year before and increased 2% from December.

by Agencia CMA Latam

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