LatAm Daily | Mexican industrial production increased 0.2% MoM in line with expectations
Published on Monday, September 14, 2015
LatAm Daily | Mexican industrial production increased 0.2% MoM in line with expectations
Summary
Industrial production increased 0.2% MoM and 0.7% annually in July. Decomposing this growth, mining and manufacturing performed worse than expected, in contrast to construction. In Peru, another 25bp hike in 4Q15 is expected due to the optimistic output growth outlook forecast by the CB after the latest increase in the MPR.
Geographies
- Geography Tags
- Latin America
- Mexico
- Peru
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Cecilia Posadas
BBVA Research - Principal Economist
Enestor Dos Santos
BBVA Research - Principal Economist
Jorge Selaive
Juana Téllez
BBVA Research - Chief Economist
Carlos Serrano
BBVA Research - Chief Economist
Hugo Perea
BBVA Research - Chief Economist
Marina Conesa