*Mexico’s national statistics institute (Inegi) has published new data for its monthly index of industrial activity (Imai) showing that the Imai was unchanging in August 2022 compared with the previous month, with mining up 0.4% but industrial manufacturing, construction, and utilities (electricity generation and transmission, provision of water and gas) posting declines of -0.1%, -1.7% and -0.4% respectively. In annual terms, industrial production rose 3.0% in August 2022 compared with August 2021. This was driven by an increase in industrial manufacturing (6.4%) and utilities (4.0%). However, mining was unchanging year-on-year and construction was down 4.4%.
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