By Anthony Harrup
MEXICO CITY--Mexican industrial output slipped in April from the previous month, its first decline in almost a year, while rising sharply from April of 2020 when many industries were closed to slow the spread of the coronavirus.
Industrial production was down 0.2% from March in seasonally adjusted terms, with lower construction and manufacturing partially offset by an increase in mining activity, including a 0.4% rise in oil and gas output, the National Statistics Institute said Friday.
Industrial production jumped 36.6% from April of 2020 when activities including construction, nonpetroleum mining, and the key auto industry were at a standstill in the early days of the pandemic. Manufacturing output rose 52% from a year before.
In the first four months of this year, industrial production rose 4.8% from the similar period of 2020.
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(END) Dow Jones Newswires