By Anthony Harrup

 

MEXICO CITY--Mexico's industrial production was unchanged in September from August as gains in mining and manufacturing offset a decline in construction activity, the National Statistics Institute said Monday.

Factory output rose 0.6% in seasonally adjusted terms, recovering from a drop the previous month. Oil and gas production rose 0.4% and utilities output rose 0.2%, while construction activity fell 2.1%.

Compared with September of 2018, industrial production was down 1.8%, with oil and gas output down 5% and construction down 8.3%, partly offset by a 0.8% rise in manufacturing and higher utilities output.

Mexican production of cars and light trucks was down 0.4% in September from the year-earlier month. In October, vehicle production fell 16%, including a 30% drop in output by General Motors Co. (GM), whose local operations were affected by a U.S. strike.

Several other automakers lowered output as they prepared production lines for new models, including Ford Motor Co. (F), which produced no cars in October, according to industry association AMIA.

In the first nine months of the year, industrial production fell 1.7% from the same period of 2018, weighing on overall economic growth, which was flat in the first three quarters.

 

Write to Anthony Harrup at anthony.harrup@wsj.com

 

(END) Dow Jones Newswires

November 11, 2019 07:48 ET (12:48 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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