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In July,
the industrial sector expanded at an annual rate of 1.9% in real terms,
owing to an increase in three of the four sub-sectors, which constitute
the sector.
According to seasonally adjusted data, the industrial sector added 0.02%
over the preceding month. In the first seven month, the industrial
sector dropped 0.5% over the same period last year.
The
manufacturing industry expanded by 1.7%, as the domestic industry grew by
2.2%, partially offset by a 4.4% decline in the maquiladora industry.
Construction grew 2.0% and the electricity, gas and water sector added
6.1% compared to July 2001.
The only
sector that registered negative growth was mining, which declined 1.6%
over the same month last year. The contraction was driven by a
decline in the oil industry (--1.9% year-on-year) and non-oil mining
(-1.0% yoy).
Additional information only
in
Spanish.
Forecasts: This indicator is covered in the
LatinFocus Consensus Forecast. For 5-year projections, including quarterly forecasts for
the next two years, please click here
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