We estimate that June’s Industrial Production will show annual growth of 2.1%
Published on Friday, August 8, 2014 | Updated on Saturday, August 9, 2014
We estimate that June’s Industrial Production will show annual growth of 2.1%
Summary
Industrial production for June should come in at 2.1% YoY, sa, or 0.2% MoM, sa. Our forecast of a moderate increase is in view of the close correlation between this variable and the slow performance of the US industrial production monthly indicator in June (0.2% MoM, sa).
Geographies
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- Mexico
Topics
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- Macroeconomic Analysis
Authors
Arnoldo López
Juan Carlos Rivas
Javier Amador
BBVA Research - Principal Economist
Iván Martínez Urquijo
BBVA Research - Principal Economist
Francisco Javier Morales