Mexico’s industrial production remained unchanged in March 2026, recording a year-over-year decline of 1.3%, the same rate seen in February 2026. The latest data, updated on 12 May 2026, show no improvement in the annual pace of contraction across the country’s industrial sector.
On a year-over-year basis, the indicator compares March 2026 activity with March 2025, mirroring the February reading, which compared February 2026 with February 2025. The back-to-back -1.3% results suggest that Mexico’s industrial output has stalled, with no visible acceleration or moderation in the decline as the first quarter draws to a close.
The flat trajectory may raise concerns among analysts and investors watching for signs of a rebound in manufacturing and broader industrial activity, as persistent weakness could weigh on overall economic performance if the trend extends into the coming months.