*Mexico’s national statistics institute (Inegi) has reported a 0.8% year-on-year drop in industrial activity in June 2025. In monthly terms, Inegi’s index of industrial activity (Imai) decreased by 0.1% as compared to May 2025. This follows an annual decrease of 0.3% in May, when the Imai was up 0.7% in monthly terms, according to the latest figures. The monthly result was driven by a 1.4% drop in mining and 0.2% drops in both construction and utilities (electricity generation and transmission, provision of water and gas), while manufacturing rose by 0.3%. In year-on-year terms, mining was down 8.5% and utilities dropped 3.8%, while construction was up 1.5% and manufacturing remained unchanged from June 2024.
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