Industrial production increased 2.1% in July

Industria

 

Mexico City, September 11, 2014.- Industrial Production in Mexico grew 2.1% in real terms during the month of July 2014 compared to the same month last year, the National Institute of Geography and Statistics (INEGI).

 

Compared to the previous month Industrial Production grew 0.28%. By components, 1.25% Manufacturing and Generation, transmission and distribution of electricity, water and gas pipeline grew to final consumers increased 0.28%; during July compared to the previous month.

 

By economic sector, construction rose 3.5%, the 3.44% Manufacturing; and the generation, transmission and distribution of electricity, water and gas by pipeline to the final consumer rose 0.7%.

 

The INEGI said that during the period from January to July 2014, industrial activity grew 1.4% in real terms over the same months of 2013, Manufacturing industries 3.4% and the generation, transmission and distribution of electricity rose, water and gas pipeline 1.4% to the final consumer.

 

Meanwhile, the mining sector is the one that has had a slight drop being 0.33% and 1.7% respectively in annual and monthly rate.

 

In order to provide statistical information to enable a timely and comprehensive understanding of the behavior of industry the Monthly Indicator of Industrial Activity (IMAI) measuring the actual development of the productive activity is made.

 

Its geographical coverage includes national and economic sectors of Mining; Generation, transmission and distribution of electricity, water and gas by pipeline to the final consumer; Construction and Manufacturing, reaching a 94.8% representation of gross value added in 2008, the base year SCNM products.

 

Mexican Business Web

 

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