Mexican industrial production declines in June

Mexican industrial production declines in June

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Mexican industrial output in June fell 17.5 percent, year-on-year, but rose 17.9 percent, month-on-month, statistics agency Inegi said on Tuesday.

Inegi said industrial output in the mining segment in June dropped 5.3 percent, year-on-year. Industrial output in the civil construction sector diminished 26.1 percent, year-on-year. Output in the local manufacturing industry segment in June declined 18.3 percent, year-on-year.

According to Inegi, industrial production at all segments rose on a month-on-month basis. Industrial output in the mining segment in June increased 1.6 percent, month-on-month. Likewise, industrial output in the civil construction and manufacturing segments in June rose 17.5 percent, and 26.7 percent, month-on-month, respectively.

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