Overview of Industrial Performance
In November 2025, Mexico’s industrial activity experienced a 0.6% growth compared to October, marking two consecutive monthly increases—a positive trend not seen in almost a year and a half. However, the annual accumulation still reflects negative numbers.
Key Sector Contributions
- Construction: This sector played a significant role in the recent growth, contributing to the 0.6% increase.
- Mining and Public Utilities: Both sectors remained stagnant in November, with no changes reported.
Global Performance and Context
Despite the minor improvement in October and November, the overall industrial activity indicator has only slightly improved. The accumulated decline stands at 1.6% by November, compared to a -0.2% drop during the same period in 2024.
Sector-wise Breakdown
- Mining: Experienced the most significant decline at -7.1%, followed by construction (-1.7%).
- Manufacturing: Reported a -0.7% decrease.
- Public Utilities (Electricity, Gas, and Water): Saw a -0.6% change.
Key Questions and Answers
- Q: What is the recent trend in Mexico’s industrial activity?
A: The industrial activity in Mexico has shown a 0.6% growth in November, following two months of consecutive increases—a positive change not seen for almost a year and a half.
- Q: Which sectors contributed to this growth?
A: The construction sector was the primary driver of this improvement, while mining and public utilities remained unchanged.
- Q: How does the overall industrial performance look?
A: Although there has been a minor improvement in October and November, the accumulated decline stands at 1.6% for the year.
- Q: How do different sectors within the industrial activity fare?
A: The mining sector experienced the most significant decline (-7.1%), followed by construction (-1.7%). Manufacturing and public utilities also reported decreases of -0.7% and -0.6%, respectively.
