LatinNews Daily - 12 January 2021

In brief: Mexico’s industrial production shows further signs of recovery

* Mexico’s national statistics institute (Inegi) has released new figures which show that industrial production in the country was up by 1.1% in November 2020, in seasonally-adjusted terms, compared with the previous month. Production in the construction sector increased by 2.2%, and mining output was up by 0.1%, while the utilities sector (transmission and distribution of electricity; supply of water and gas) was down by 2.3% compared with the previous month. In year-on-year terms, industrial production was down by 3.3% on November 2019, due to the continued impact of the coronavirus (Covid-19) pandemic. Production in the construction sector fell by 8% year-on-year in November, while utilities were down by 7%, mining output decreased by 2.5%, and manufacturing industries fell by 1.2%. 

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