Mexico industrial production in May rose more than expected, after three months of declines, just as an expansion in the factory sector rose for the second-largest economy in Latin America.
The national statistics agency said on Tuesday that industrial production grew by 1.1 percent in May from April MXIP=ECI.
On one hand, the manufacturing sector expanded in May for its second-straight month, growing by 1 percent as local factories increased production to meet increased consumer demand north of the border.
Read more about what exports were in most demand and what three manufacturing sectors recorded the highest gains in May.
No comments:
Post a Comment