Mexican Industrial Production Crashes In April

by Tyler Durden
ZeroHedge.com
Jun 9, 2017

Delayed blowback from Trump? Mexico’s Industrial Production crashed 4.4% in April – the biggest drop since Oct 2009 – with manufacturing dropping 1.7% after surging 8.5% in March.

This is the 3rd MoM drop in a row (and biggest MoM drop since Nov ’15)…

However, Manufacturing was not the worst of it as Mining plunged 9.6% YoY, Utilities declined 3.0%, and Construction tumbling 6.5%.

Whether it is the recent surge in the peso or fears oif trade wars, this is a somewhat unprecedented and sudden downshift.

The Rest…HERE

This entry was posted on Friday, June 9th, 2017 at 10:05 am and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order, World Politics. You can follow any responses to this entry through the RSS 2.0 feed.