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Mexico's mining output declines

Bnamericas Published: Friday, May 13, 2016
Mexico's mining output declines

Mexico's mining production fell 0.3% in March, compared with the same month last year.

But Q1 output was up 1.2% on the prior-year quarter, according to figures from statistics agency Inegi.

Mining production grew 3.3% year-on-year in February.

Total industrial production fell 2.0% in March and increased 0.4% in Q1.

The data is for production by value. Latest production volume data from Inegi showed a 4.5% decline for February. Mexico is the world's biggest silver producer and a top 10 miner of gold, copper, lead and zinc.

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