Mexico Industrial Production

## What this measures

Output of Mexico's mining, utilities, construction and manufacturing industries, as an index.

## Why it matters

Industry is where nearshoring and U.S. demand show up.

## How to read it

Compare with a year earlier and with manufacturing alone (mexico.manufacturing_output).

## What it does not say

It is a volume index, not value added per worker.

## Source

Fuente: INEGI, Indicador Mensual de la Actividad Industrial, base 2018, serie desestacionalizada, indicator 736885 (Banco de Información Económica, via the INEGI Indicadores API). Palanor reads it every day.

Used under INEGI's Términos de libre uso de la información. Any calculation shown alongside it is Palanor's, not INEGI's, and does not represent an official INEGI position.