The timely monthly indicator of manufacturing activity (Imoam) anticipated that the sector maintained its contraction in September, reported the National Institute of Statistics and Geography (Inegi).
For September 2024, the Imoam stood at 105.1 points, which pointed to an annual drop of 1.1 percent in manufacturing activity.
This decline would come after the evolution of the country’s industrial activity, with seasonally adjusted figures, fell 0.3 percent annually in August, reaching negative territory for the first time since February 2021.
The timely indicator had a range between a lower drop of 3.9 percent and a growth of 1.7 percent. The observed value for August will be known on November 11, with the monthly indicator of industrial activity (Imai).
And this Wednesday, Inegi presented the timely monthly indicator of manufacturing activity, as an advance calculation of the monthly indicator of industrial activity in the manufacturing sector.
In August alone, the activity data presented a mixed performance, weighed down by the rapid contraction in construction of 4.1 percent and in mining, 1.3 percent.
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