Mexico factory activity slips from over one-year high in July

08/01/2017 Reuters

manufacutiringMEXICO CITY, (Reuters) – The pace of growth in Mexico’s manufacturing sector dipped in July from a more than one-year high as expansion of output slackened, a survey showed on Tuesday.

The Markit Mexico Manufacturing Purchasing Managers’ Index MXPMIM=ECI slipped to 51.2 in July from 52.3 in June when adjusted for seasonal swings.

A reading above 50 signals expansion in the sector, while a reading below that points to contraction.

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