Mexican industrial activity recorded its second consecutive setback last July, falling 1.2% compared to June 2025, when it fell 0.1% monthly, the National Institute of Statistics and Geography (INEGI) announced this Thursday .
The decline in the seventh month of the year stems from a complex economic environment and U.S. trade policy, as well as a decline in sectors such as manufacturing and construction.
According to figures from the Monthly Industrial Activity Indicator (IMAI) , this indicator also fell in its annual measurement, registering a decrease of 2.8% in the reference month.
According to the agency’s figures, the period was marked by declines in three of the four components that make up the IMAI, with mining being the only one that registered an increase, with 1.9% compared to June 2025.
Manufacturing fell 1.6 percent monthly in the seventh month of the year, while construction decreased 1.2 percent.
In July 2025, generation, transmission and distribution of electric power, water supply and natural gas decreased 0.1% compared to the previous month.
Low domestic demand for goods and services, as well as the current global trading environment, have contributed to the decline in Mexican industrial production last July.
Despite the decline in the manufacturing industry during the period, BBVA Research indicated that this sector remains the backbone of foreign trade, accounting for nearly 90% of exports by the first half of 2025.
The Monthly Industrial Activity Indicator provides insight into and monitoring of the evolution of industrial activity in Mexico, INEGI emphasized.
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