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.
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- Latin America
- Mexico
- Peru
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- Macroeconomic Analysis
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Authors
CP
Cecilia Posadas
BBVA Research - Principal Economist
ED
Enestor Dos Santos
BBVA Research - Principal Economist
JS
Jorge Selaive
JT
Juana Téllez
BBVA Research - Chief Economist
CS
Carlos Serrano
BBVA Research - Chief Economist
HP
Hugo Perea
BBVA Research - Chief Economist
MC
Marina Conesa