The National Institute of Statistics and Geography (INEGI) reported that industrial production in Mexico rose by 4.3% year-on-year during January 2022, and 1% compared to the immediate previous month, despite the havoc caused by the spread of the omicron variant. in Mexico.

The most notable annual figures were for the mining sectors, which rose 10.6%, and manufacturing industries with 3.8%.

As for the construction of new industrial spaces, the increase was 1.1% and the generation-transmission of electricity, water and gas 1.2%.

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In seasonally adjusted figures, industrial activity from December 2021 to January 2022 grew due to the rise in mining (7%) and manufacturing (0.3%), however, construction and electricity generation fell 0.2%.

In 2021, industrial production in Mexico rebounded 6.5% compared to 2020, the year in which the closure of activities occurred, which brought a 10% drop. Let us remember that this substantial drop in 2020 was added to the 1.8% decline in 2019, reflecting the economic weakness of Mexico.

On the other hand, the Mexican gross domestic product (GDP) grew 4.8% in 2021 after falling 8.2% in 2020. While various institutions and analysts estimate that the Mexican economy will grow in 2022, which will favor the development of the industrial sector.

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The Organization for Economic Cooperation and Development (OECD) affirmed that Mexico's Gross Domestic Product (GDP) will grow 2.3% this year, based on the country's solid macroeconomic framework, according to Mathias Cormann, Secretary General of the OECD .

On the other hand, Ve Por Más banking analysts highlighted that the Mexican industry showed more capacity to withstand the pandemic.

They added that, at a lower rate, growth in exports and domestic consumption is expected to support the Mexican industry.

In Solili you can consult industrial warehouses available in Mexico City and Monterrey

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