Mexico March Industrial Output Up Reuters
go to original May 14, 2012

MEXICO CITY - Mexican industrial output rose more than expected in March from the previous month as factories showed strength despite uncertain demand from north of the border.

Output climbed 1.5 percent from February, the national statistics agency said on Monday, while analysts had expected that measure to climb only 0.97 percent.

Industrial output was 3.1 percent higher than a year ago, . Analysts had forecast a 3.34 percent rise.

The utility, construction and factory sectors all gained, but the 1.11 percent increase in manufacturing reversed a nearly 1-percent drop a month earlier and was the sharpest increase since a 1.25 percent uptick in December.

Mexico's export-driven economy relies on demand from the United States to keep its factories humming.

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