Mexico's industrial activity increased 0.5% from the previous month in July, producing a two-month run of gains. Annual growth was 2.4%, with construction leading both the monthly and yearly comparisons. Manufacturing declined on the month, while total industrial output for the first seven months stood 0.4% above the same period last year.
Mexico's monthly industrial activity indicator rose 0.5% in July after seasonal and calendar adjustment. Following a 0.2% increase in June, the result marked two consecutive monthly gains. In the monthly comparison, construction increased 3.7% and mining 0.7%. Manufacturing declined 0.1%, while electricity, gas and water services fell 0.2%.[1], [2], [3], [4]
Industrial output was 2.4% higher in July than a year earlier. Construction posted the strongest annual increase at 7.2%, while manufacturing rose 1.6% and electricity, gas and water services increased 1.3%. Mining output declined 0.2%. The monthly and annual rates use different comparison periods: one measures change from June and the other from July 2025.[1], [2], [3], [4]
Total industrial activity in January-July was 0.4% above the same seven months last year, its first positive cumulative comparison in 2026. Construction increased 3.6% over the period and manufacturing rose 0.2%. Electricity, gas and water services declined 1.6%, while mining fell 3.8%. The cumulative measure describes a longer period than the increase recorded in July alone.[1], [2], [3], [4]
