Mexico’s industrial production rose 2.7% year-on-year in July 2026, accelerating from 1.7% in June and exceeding market expectations for a 1.8% increase. It was the strongest annual growth since April 2024. Manufacturing output increased 1.6% after rising 0.1% in the prior month, helped by a 14.7% jump in petroleum and coal products and a 14.2% gain in computers and related electronic equipment. Construction growth strengthened to 7.3% from 5%, led by buildings and specialized construction work. Mining growth slowed to 1.6% from 6.6% as metallic and non-metallic minerals output fell 3.7% and petroleum and gas extraction eased to 1.6% from 2.9%. On a monthly basis, industrial production rose 0.5%, up from 0.2% in June.