The economic crisis caused by the covid-19 pandemic led Mexican industrial activity to show a strong rebound in the course of this year, placing it at its highest level recorded since 1993.

The rebound term comes after an economic crisis and is named after the decline it leaves in the productive sectors.

This increase is the largest of the post-crisis periods, although the most pronounced industrial fall of 13.7% per year was also recorded in 2020 in the months of January to July.

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For example, in the first 7 months of 2009, industrial activities of manufacturing, construction, mining and power generation, and water and gas distribution decreased by 9.2% annually, with a steady adjustment. A year later in 2021 they rebounded with increases of 5.3%.

In 1995, when the crisis was even more acute, industrial production contracted between January and July by 10.5% and a year later during 1996 it registered an increase of 9.6%.

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During the first seven months of 2021, the country's industrial production grew 10.5%, at a seasonally adjusted annual rate, being the best result shown, in the same period of comparison since 1993, where Inegi began to measure this indicator.

This increase is a consequence of the growth of 3 of the 4 sectors that the indicator handles. Manufacturing grows 14.4%, followed by 10.6% in construction and 2.4% in mining. The exception was generation, transmission and distribution of energy, supply of water and gas through pipelines to the final consumer, which decreased by 0.4%.

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Original note