09 Jul 2019, Radoslav Yordanov, EMIS Editor
Mexico's auto production drops 4.4% y/y in June
Sector's internal sales dropped 11.4% y/y during the month of reference registering its third consecutive two-digit fall. On the other hand, automotive exports continued to grow, this time by 1.7% y/y, slowing 3.9% compared to the hike posted in May. In this regard, CEEMarketWatch commented that these negative figures could be transitory.
It warned, however, that the disappointing performance of the sector is clouding even more the manufacturing industry's outlook in the second quarter of 2019.
Sign in and read the full article in emis.com, and find out more about EMIS. Original source: CEEMarketWatch