Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Mexico’s Monthly Indicator of Industrial Activity (IMAI) climbed 10pc between January and May 2021, compared to the same period in 2020, the National Institute of Geography, Statistics, and Informatics (INEGI) reported today.


The indicator increased 36pc in May this year compared to the same month of 2020, when the country was amid restrictions due to the pandemic, while there was a 0.1pc growth compared to April


By components, the IMAI comprises the construction sector, generation, and distribution of electricity, water, and gas, mining, and manufacturing industries.


Mexico’s mining grew 0.9pc during January-May of this year compared to 2020. Growth in May was 8.9pc compared to the same month of the previous year and 1pc compared to April 2021.


The country’s manufacturing industry grew 15pc in the first five months of 2021 compared to last year. As for May, the increase was 48pc compared to 2020, although it decreased 0.7pc compared to April this year.

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