Industrial activity in Mexico falls for fourth consecutive month

Industrial enactment successful Mexico declined successful June compared to May and successful yearly terms, the nationalist statistic bureau INEGI reported connected Monday.

INEGI reported that concern enactment — which includes enactment successful the manufacturing, mining, operation and electricity/water/gas sectors — fell 0.1% successful June compared to May, the archetypal month-over-month diminution since March.

In yearly terms, concern enactment was down 0.8% successful June.

INEGI besides reported that concern enactment declined 1.3% annually successful the archetypal six months of 2025. It was the archetypal yearly diminution for the archetypal six months of a twelvemonth since 2020.

In 2025, concern enactment successful Mexico has been affected by uncertainty related to commercialized with the United States, which has imposed caller tariffs connected a scope of Mexican goods.

President Claudia Sheinbaum precocious expressed assurance that operation assemblage enactment volition summation successful the 2nd fractional of 2025 arsenic a effect of nationalist infrastructure projects, including the operation of caller railroads and homes.

Mining, operation and energy assemblage enactment down successful June compared to May 

INEGI reported that mining assemblage enactment (or output) fell 1.4% successful June compared to May.

Construction assemblage enactment declined 0.2%, arsenic did enactment successful the combined assemblage that includes the generation, transmission and organisation of energy arsenic good arsenic the proviso of h2o and earthy gas.

The lone assemblage whose enactment accrued successful June connected a sequential ground was manufacturing. Manufacturing enactment accrued 0.3%, INEGI reported.

Mexico’s export gross changeable up 10.6% successful June, with manufacturing starring the way

The 0.1% diminution successful month-over-month concern enactment came aft increases of 0.7% successful May and 0.1% successful April.

In January, concern enactment declined 0.3% earlier expanding 2.4% successful February. Industrial enactment fell 1.1% connected a sequential ground successful March.

Manufacturing enactment stagnant successful yearly terms, mining declines 8.5%

INEGI information shows that determination was a saltation of 0.0% successful manufacturing assemblage enactment betwixt June 2024 and the aforesaid period of this year.

Mining enactment fell 8.5% annually successful June, portion electricity/water/gas assemblage enactment declined 3.8%.

The lone concern assemblage to grounds a year-over-year summation successful enactment successful June was construction, whose output roseate 1.5%.

The 0.8% yearly diminution successful concern enactment successful June came aft decreases successful each of the erstwhile 3 months.

First January-June diminution since 2020

The 1.3% yearly diminution successful concern enactment betwixt January and June was the archetypal alteration for the play since 2020, erstwhile the COVID pandemic and associated restrictions caused a 13.6% year-over-year reduction.

The paper El Economista reported that the alteration betwixt January and June is greater than the 1.1% yearly diminution recorded during 2019, the archetypal afloat twelvemonth of Andrés Manuel López Obrador’s presidency, “which was marked by the pessimism that was created by his determination to cancel operation of the caller Mexico City International Airport successful Texcoco,” México state.

Mining assemblage enactment (including lipid and state drilling) declined 8.8% annually successful the archetypal fractional of 2025, portion enactment successful the electricity/water/gas manufacture fell 2.1%.

Construction assemblage enactment besides fell, declining 1.1% compared to the archetypal fractional of 2024. Activity related to the operation of civilian engineering projects declined 24.6% owed to a important alteration successful spending connected nationalist works.

The manufacturing assemblage recorded a humble 0.1% yearly summation successful activity. Thirteen of 21 sub-sectors of the manufacturing industry, including the automotive sector, recorded year-over-year declines successful enactment successful the archetypal fractional of the year.

Thirteen of 21 sub-sectors of the manufacturing industry, including the automotive sector, recorded year-over-year declines successful enactment successful the archetypal fractional of the year. (Cuartoscuro)

Manufacturing sectors affected by imports from Asian countries, including the wood and covering sectors, besides recorded yearly declines successful activity.

Among the 8 manufacturing sectors that recorded increases were nutrient production, machine instrumentality and electrical appliances.

Other need-to-know economical data 

• Mexico’s system grew 0.7% successful the 2nd 4th of the twelvemonth compared to the archetypal quarter, according to preliminary information published by INEGI precocious past month. Annual maturation successful seasonally adjusted presumption was 1.2% betwixt April and June.
• The USD:MXN speech complaint astatine 3 p.m. Monday was 18.67.
• The Bank of Mexico’s cardinal involvement complaint is acceptable astatine 7.75% aft a 25-basis-point chopped past week.
• Mexico added a grounds 1.26 cardinal ceremonial assemblage jobs successful July, a surge driven by the motorboat of a aviator programme that provides employment benefits to integer level workers.

With reports from El Economista