Monday, July 18, 2011

Mexico Industrial Output Shows Growth

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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