FOREX TradingCharts.com

Financial News: Mexico Industrial Output Growth Exceeds Forecast

Mexico Industrial Output Growth Exceeds Forecast

08/11/2022 - 08:09:00 (RTTNews)

(RTTNews) - Mexico's industrial production growth accelerated at a faster-than-expected pace in June to its strongest level in five months, data from the National Institute of Statistics and Geography showed on Thursday.

Industrial production climbed a seasonally adjusted 3.8 percent year-on-year in June, faster than the 3.3 percent rise in May. That was also above the 3.6 percent growth expected by economists.

Production has been rising since March 2021. Moreover, the latest rate of increase was the strongest in five months.

Among sectors, manufacturing output grew the most by 5.2 percent annually in June, and output in the utility segment logged an increase of 3.8 percent.

Output produced in the mining sector was 2.2 percent higher in June compared to last year.

On a monthly basis, industrial production edged up 0.1 percent from May, when it rose by 0.2 percent.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Czech Economic Sentiment At 18-Month Low (18 min(s), 25 sec(s) ago)
(RTTNews) - The Czech economic confidence worsened further to reach its lowest level in one-and-a- ...Full Story»

Singapore Industrial Production Grows Unexpectedly (02 hr(s), 02 min(s), 25 sec(s) ago)
(RTTNews) - Singapore's industrial production increased unexpectedly in August, preliminary da ...Full Story»

European Economics Preview: Germany Ifo Business Confidence Data Due (03 hr(s), 51 min(s), 25 sec(s) ago)
(RTTNews) - Business confidence survey data from Germany is due on Monday, headlining a light day ...Full Story»

Japan Manufacturing Sector Ebbs In September - Jibun (01 min(s), 35 sec(s) ago)
(RTTNews) - The manufacturing sector in Japan continued to expand in September, albeit at a slower ...Full Story»

Japan Manufacturing PMI On Tap For Monday (21 min(s), 35 sec(s) ago)
(RTTNews) - Japan will on Monday see September results for its manufacturing, services and composi ...Full Story»

UK Private Sector Shrinks Most Since Early 2021 (39 min(s), 35 sec(s) ago)
(RTTNews) - The UK private sector shrank at the fastest pace since early 2021 on the negative impa ...Full Story»

Ireland Wholesale Price Inflation Eases In August (04 min(s), 35 sec(s) ago)
(RTTNews) - Ireland's wholesale price inflation eased in August after remaining stable in the ...Full Story»

UK Retail Sales Decline Sharply In September: CBI (22 min(s), 35 sec(s) ago)
(RTTNews) - UK retail sales declined sharply in September on the cost of living crisis, the Distri ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Czech Economic Sentiment At 18-Month Low

09/26/2022 - 04:20 AM (RTTNews)
(RTTNews) - The Czech economic confidence worsened further to reach its lowest level in one-and-a- ...Full Story>>

Singapore Industrial Production Grows Unexpectedly

09/26/2022 - 02:36 AM (RTTNews)
(RTTNews) - Singapore's industrial production increased unexpectedly in August, preliminary da ...Full Story>>

European Economics Preview: Germany Ifo Business Confidence Data Due

09/26/2022 - 00:47 AM (RTTNews)
(RTTNews) - Business confidence survey data from Germany is due on Monday, headlining a light day ...Full Story>>

Japan Manufacturing Sector Ebbs In September - Jibun

09/25/2022 - 20:40 PM (RTTNews)
(RTTNews) - The manufacturing sector in Japan continued to expand in September, albeit at a slower ...Full Story>>

Japan Manufacturing PMI On Tap For Monday

09/25/2022 - 18:00 PM (RTTNews)
(RTTNews) - Japan will on Monday see September results for its manufacturing, services and composi ...Full Story>>

Do not sell my personal information

Copyright © 2022. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.