Mexico’s industrial production declined by 1.1% month-over-month in January 2026, a notable reversal after a modest 0.2% gain in December 2025, according to data updated on 13 March 2026.
The January reading, measured on a month-over-month basis, indicates that the industrial sector lost momentum at the start of the year after edging higher in the final month of 2025. The comparison framework shows that while December’s figure reflected slight growth versus November, January’s downturn erased those prior gains and pushed output back into negative territory.
The data may raise concerns about the short-term trajectory of Mexico’s industrial activity, as the weak start to 2026 contrasts with the previous month’s marginal improvement. Market participants will be watching upcoming releases to assess whether January’s contraction signals a temporary setback or the start of a more persistent cooling in the industrial sector.