Macro Analysis /
GlobalMexico: Ahead of the Curve
We expect May’s industrial production to decline marginally at -0.1% m/m (+3.0% y/y)
By sectors, we expect both manufacturing (-0.3%) and mining (-0.7%) to fall, but with construction more stable (0.0%)
Other indicators to be released include June’s ANTAD sales and the weekly international reserves report
Juan Carlos Alderete Macal
Director of Economic Research @ Banorte
Francisco Jose Flores Serrano
Senior Economist, Mexico @ Banorte
8 July 2022
Published byBanorte
