After facing a downturn in the month of October, Mexico's industrial production has made a notable comeback with a positive growth rate recorded in November. According to updated data released on January 10, 2025, the industrial production index has risen to 0.1%, a significant improvement from the previous month's rate of -1.2%.
The figures underscore a turnaround in the country's industrial sector, signaling a potential stabilization after a contraction in October. The month-over-month comparisons suggest that while October faced a setback, November managed to restore positive momentum, marking a shift towards recovery.
This upward movement is particularly important for Mexico's economic landscape, as industrial production is a key indicator of economic health. The increase, although modest, could ease concerns about industrial stagnation and foster renewed confidence among investors and stakeholders looking towards 2025 with cautious optimism.