Construction led the downturn with a 3.7% decline, while utility services dropped 0.5%. Both mining and manufacturing sectors edged downward by 0.1%. Despite the general slump, specific manufacturing pockets showed resilience; production of computers and electronic equipment climbed 1.6%, and the automotive sector recorded a 0.3% increase in output.
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Mexico's Industrial Output Stumbles as Construction Slips
A sharp contraction in construction activity dragged Mexico’s industrial output down by 0.8% in May, reversing the steady momentum gained during the previous month. Data released by the national statistics institute, Inegi, reveals a broad-based cooling across the sector, with mining and manufacturing also posting marginal losses.
Within the mining industry, performance was uneven. Oil and gas production remained stagnant, while mineral extraction fell 1.8%. These losses were partially offset by a 6.2% rise in mining-related services. On an unadjusted basis, industrial production sits 0.7% lower than in May 2025, bringing the cumulative output for the first five months of the year to 0.4% below the same period a year ago.
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