Mexican Industrial Production MoM (Nov) M/M 0.6% vs. Exp. 0% (Prev. 0.7%)
Newsquawk Staff ·
Mexican Industrial Production MoM (Nov) M/M 0.6% vs. Exp. 0% (Prev. 0.7%)
What it means
The Mexican Industrial Production data for November came in at a 0.6% increase month-over-month, notably exceeding expectations of 0%. This suggests underlying strength in the manufacturing sector, potentially reinforcing a more positive outlook for economic activity which may influence the central bank's stance on future monetary policy.
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