Mexico Weekly | We expect a marginal improvement in industrial production in August

Based on the seasonally adjusted series, we expect monthly growth rate of 0.1%, resulting in an annual growth rate of 1.0%. By components we estimate that the monthly growth rate of mining will be negative (-1.2%); water and electricity will decrease by -1.3% on a monthly basis; the construction sector will grow by 0.3% and manufacturing 1.1%

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