FX.co ★ Mexico Industrial Output Rebounds in April

Mexico’s industrial production rose 2.3% year-on-year in April 2026, rebounding from a 1.3% decline in March and sharply beating expectations of a 0.8% contraction. This was the second expansion in four months and the strongest in that period.

The construction sector led the improvement, surging 10.4%, driven by a 13.7% increase in building construction. Specialized construction activities grew 3.2%, and civil engineering works edged up 0.9%. Mining output expanded 3.4%, supported by a 23.7% jump in mining-related services.

Manufacturing production was flat overall. Within the sector, the largest gains were in petroleum and coal products, up 12.1%, while printing and related support activities recorded the steepest decline, falling 7.3%.

On a seasonally adjusted monthly basis, industrial production grew 2.1% in April, reversing the 0.6% drop recorded in March.