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Financial News: MEXICO: Industrial Output Rises 0.7% In February From

MEXICO: Industrial Output Rises 0.7% In February From A Year Earlier

04/11/2018 - 15:45:00 (RTTNews)

(RTTNews) - Industrial output in Mexico rose 0.7% on year in February while losing strength from the previous month, when the output increased 0.9% according to the country's statistics office (Inegi).

On a monthly and seasonally adjusted comparison, the Mexican industrial output increased 0.4% in February. In January, the production was stable.

The mining sector output, which includes production from the oil sector, decreased 5.7% in February from a year before and fell 1.9% compared to January.

The construction sector output was up 4.5% on an annual basis and increased 0.5% on a monthly comparison, while the energy, water and gas production rose 3.1% in February from a year before and increased 0.8% from January.

Manufacturing output was 0.9% up in February from the same month in the previous year and increased 0.5% compared to January.

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