Mexico Industrial Output Up in April Reuters
go to original June 11, 2012

MEXICO CITY - Mexican industrial output rose in April from March, as factories ratcheted up production, the national statistics agency said on Monday.

Production jumped nearly 0.7 percent from March, just beating estimates in a Reuters poll, from a upwardly revised 1.56 percent pace in March.

Fueled by solid automobile demand in the United States, factory output, a subcomponent of industrial output, rose 1.1 percent in April from March, from a 1 percent expansion in March.

Industrial production in Mexico encompasses output in mining, construction, utilities and manufacturing.

As compared with a year earlier, overall industrial production rose 3.6 percent in April, lower than estimates of a 3.9 percent increase and off March's downwardly revised 3.1 percent growth.

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