By component and with seasonally adjusted series, in the reference month, the monthly variation was as follows:
Construction increased 2.7%; Mining and Generation, transmission and distribution of electrical energy, supply of water and gas through pipelines to the final consumer, 1% each, and Manufacturing Industries 0.5%.
According to analysts such as Monex, the market consensus estimated monthly growth of 0.4% in industrial activity in December, for which the observed rate of 0.7% exceeded expectations.
At an annual rate and with seasonally adjusted series, the indicator grew 3.1%, in real terms last December.
By sector of economic activity, construction rose 5.5%; manufacturing industries, 3.4%; the generation, transmission and distribution of electrical energy, supply of water and gas through pipelines to the final consumer, 1.9% and mining, 0.8%.
Thus, the industrial activity index in Mexico reached 102.4 points, its best level since September 2019 (102.7 points).
“Thus, the recovery cycle in the secondary sector extended over 34 months and although the short-term outlook is not the most encouraging, the recent behavior of some sectors allows us to be optimistic about future opportunities,” Monex pointed out.
