Mexico’s industrial production falls 2% in December 2012

Mexico’s industrial output fell by 2.08% month-on-month in December 2012, according to figures recently released by national statistics agency Inegi.

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The fall in industrial output was driven by the four sub-components used by the agency to calculate the figures, Inegi noted.

Construction sector output fell by 2.67% and mining production was down by 2.05%.

Manufacturing sector output also fell, by 1.07%, and utilities decreased by 0.49%.

Inegi noted that, compared with December 2011, industrial output also decreased by 1.1%.