In May, Mexico industrial production passed expectations, reversing three months of decline.
According to Reuters, "Auto exports, mostly to the United States, expanded by 11.4 percent in June from the same month a year ago, while overall production was up 6 percent in that time, a national auto trade group said on Tuesday.
All three other manufacturing sectors -- mining, utilities and construction -- also recorded May gains. The overall, month-on-month April production number was also revised upward to +0.26 from the -0.14 originally reported."
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