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In
August,
the industrial sector expanded at an annual rate of 0.7% 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 0.23%
over the preceding month. In the first eight month, the industrial
sector dropped 0.4% over the same period last year.
On an annual basis, the
manufacturing industry expanded by 0.1%, as the
domestic industry grew by 0.4%, partially offset
by a 3.2% decline in the maquiladora industry.
Construction grew 2.9% and the electricity, gas and water sector added
2.5% compared to August 2001.
Mining emerged from several
months of contraction and expanded 0.6% over the same month last year. The
improvement was driven by a
rise in the oil industry (+0.4% year-on-year) and non-oil mining
(+0.9% 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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