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In
October,
the industrial sector expanded at an annual rate of 1.3% in real terms,
owing to an increase in all four of the four sub-sectors, which constitute
the sector.
According to seasonally adjusted data, the industrial sector added 0.81%
over the preceding month. In the first ten month, the industrial
sector dropped 0.2% over the same period last year.
Industrial
Activity , October 2001 - October 2002
Note: Year-on-year (yoy) variation (not seasonally adjusted) in %.
Source: Instituto Nacional de Estadística Geografía e
Informática and LatinFocus calculations.
On an annual basis, the
manufacturing industry expanded by 0.9%, as the
domestic industry grew by 1.3%, partially offset
by a 3.2% decline in the maquiladora industry.
Construction grew 1.1% and the electricity, gas and water sector added
3.9% compared to October 2001.
Mining developed favourably,
adding 4.9% on an annual basis. The
improvement was driven by a
rise in the oil industry (+7.4% year-on-year) and non-oil mining
(+1.6% 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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