The Manufacturing Industry Leads The Economic Recovery In Mexico
According to data from the INEGI (National Institute of Statistics and Geography), the manufacturing industry proved to be the most resilient and dynamic sector of Mexico’s economy. Though still below pre-pandemic levels, the monthly indicator of industrial activity has been steadily growing for the past 10 months now. The manufacturing sector grew, in March 2021 (last available data), +3.0% compared to the previous month while the year over year rebound was +5.5%. Leading the growth were the automotive and electronics industries which are the most export-oriented segments of the manufacturing