Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Dec 10, 2021

Mexico Auto Sector Drags Industrial Growth to 8-Month Low

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

Mexico's industrial production grew at its slowest pace in 8 months in October, as auto production dropped. 

Industrial output expanded 0.7% from a year ago, the the national statistics bureau said Friday, lower than the 1.8% median forecast from economists surveyed by Bloomberg. 

Manufacturing output was unchanged from from a year earlier, below the 1.0% median estimate from economists in a Bloomberg survey. Production of transportation equipment fell 15.25%, in part to the low auto production output.

©2021 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search