Mexico's industrial activity falls 0.5% in April

Mexico's industrial activity falls 0.5% in April

Activity shows 0.6% increase on annual basis

By Ovunc Kutlu

ISTANBUL (AA) - Mexico's industrial activity fell 0.5% in April with seasonally adjusted figures, compared to the previous month, according to the country's statistical authority on Tuesday.

The figure followed an expansion of 0.5% in March.

The manufacturing industries and energy generation, transmission and distribution fell 1.5% in April, while mining decreased 0.3%, the National Institute of Statistics and Geography (INEGI) said in a statement.

Year-on-year, however, industrial activity in April increased 0.6% at an annual rate and with seasonally adjusted figures, INEGI said.

The construction sector led the annual increase with a 12.6% gain, according to the agency.

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