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6/11/15

Mexico mining sector takes a bit hit in April 2015

Mexico's INEGI released the industrial figures for the country in April 2015 this morning. Here's the overview chart for its mining sector.


Ouch, that's a big relative slowdown. 3.6% down from last month and 8.2% down compared to the same month of 2014. This compares to an overall 0.1% drop in industrial production in the country in April 2015, which basically means its mining component has dragged the country into negative territory. NR from INEGI here.