Mexico’s Industrial Output Rises for Eighth Month in Row

Industrial production in Mexico increased by 0.2% in January, maintaining expansion for the eighth consecutive month, data showed on Friday.

The increase in industrial output was supported by the rise in construction activity, which grew by 1.5% compared to its level in December, while manufacturing decreased by 0.5%.

On an annual basis, industrial output declined by 4.9%, as the Mexican economy is still recovering from the impact of the Coronavirus pandemic.