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Mexico's industrial production flat as mining slumps

Mexican industrial output was flat in November as factory production rose to its fastest pace in nearly a year but mining shrank

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11/01/2017 |10:57Reuters |
Redacción El Universal
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Mexican industrial output was flat in November as factory production rose to its fastest pace in nearly a year but mining shrank, Mexico's national statistics office said on Wednesday.

Mexican industrial production was unchanged compared to the prior month, data showed, and down from a 0.2 percent expansion in the prior month.

Factory output rose 0.7 percent, its fastest expansion since December 2015, while mining, which includes oil production, slumped 1.0 percent.

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In annual terms, industrial output increased 0.3 percent in November.