After a monthly drop of 1.1% recorded last January, Mexican industrial activity rebounded 0.4% in February 2026 compared to the first month of the year, driven by manufacturing, mining and construction, reported the National Institute of Statistics and Geography (Inegi) .
With the increase recorded in the second month of the year, the country’s industrial activity is beginning to show signs of recovery, in the face of a complex economic scenario, marked by constant trade changes in the world.
According to figures from Inegi, three of the four components of the Monthly Indicator of Industrial Activity (IMAI) had a positive performance last February , with manufacturing industries showing the best progress, with an increase of 0.7% over January 2026.
Mining activity grew 0.6% in February 2026 compared to January. Meanwhile, construction activity increased 0.3% month-over-month.
Electricity generation, transmission and distribution, water supply and natural gas was the only component that decreased in the monthly comparison, falling 1.4% in the period.
The Monthly Indicator of Industrial Activity allows us to know and monitor the evolution of industrial activity in Mexico, according to Inegi.
Despite the monthly rebound in February 2026, the IMAI showed a decline in its annual measurement , registering a decrease of 1.3 percent.
Within this indicator, manufacturing industries fell 2.3% year-on-year, while the generation, transmission and distribution of electricity, water supply and natural gas decreased 1.4% last February compared to the same month in 2025.
On an annual basis, construction advanced 1.2% and mining registered a growth of 0.9% in February 2026.
The February rebound in the country’s industrial activity represents the third best reading since October 2025, when the IMAI showed a monthly growth of 0.8%.
Industrial activity is one of the main drivers of the Mexican economy, whose dynamism is linked to job creation and investment. It is also one of the indicators that reflects the country’s commercial and economic environment, and it also impacts other sectors through the supply of inputs.
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