Login to Digital Content
User:
Pass:
 
Last News
  • US$410 million to be invested in Chihuahua, generating 5,500 jobs
  • Mexico enjoys international investors’ confidence
  • Senior Operations will grow in Saltillo
  • Quimmco invests in auto parts development
  • Sanmina will invest US$27 million
  • Aeromexico, Interjet and Volaris receive supplies from Leon
  • Chihuahua looking in Canada for aerospace investment.
  • Aerospace companies will invest in Mexico
  • Aerospace cluster strengthened by the execution of the Mexico-France Agreement
  • Penjamo wants to enter into the industrial activity with a new park
  • Eight companies from India will invest in Jalisco
  • ZKW breaks ground in Guanajuato Inland Port
  • The Government will invest US$909.10 million in the Merchant Marine for the energy boom
  • Audi inaugurates Specialization Center in Puebla
  • Halla Visteon Climate Control expands its operations in Chihuahua
  • Aeromar Carga expands its terminal in Mexico City International Airport
  • Volvo and Scania analyzing investing in Durango
  • Cisco will strengthen investment in domestic manufacturing
  • Artecola kicks-off operations in Leon, Guanajuato
  • Chinese companies will invest in Mexico
  • Mexican industry stumbles in May

    Mexico City.- Industrial production in Mexico suffered a 0.93% setback last May when compared to April, according to seasonally-adjusted figures from the Mexican Statistics Agency, Instituto Nacional de Estadistica, Geografia e Informatica (INEGI). This drop in the economy’s secondary sector is the second negative figure in 2012, because in February it shrank 1.39%. In addition, year-to-year figures show that industrial activity slowed-down its annual growth pace, because in May it grew 3.1% over even month the previous year, while in 2011 the growth had been 4.6% and in 2010 it reached 9.06%. According to INEGI, construction posted 4.5% year-to-year progress, manufacturing 3.7% and electricity, water and gas supplied by ducts to final consumer went up 1.5%, while mining dropped 0.1% in such month. Year-to-year increase in construction figures arises from more works to build houses, industrial plants, real estate for commerce, institutions and services purposes, and civil engineering works.
    Source: Reforma | Date: 17/07/2012