PREVIEW-Mexico July industrial output seen up 6.3 pct yr/yr

WHAT: Mexico July industrial output

WHEN: Monday, Sept. 13, at 9 a.m. (1400 GMT)

REUTERS FORECAST: 6.3 percent yr/yr growth in median
forecast of 13 analysts

FACTORS TO WATCH: Industry has powered Mexico’s recovery
from recession but the sector is expected to slow in the second
half of the year. The July industrial output reading will give
fresh evidence for this hypothesis.

August auto production, a key component of Mexico’s factory
sector, was 53 percent higher than the year-ago figure while
export volume was the second highest in the year. The Mexican
economy, though, cannot escape weakness in the United States
which absorbs roughly 80 percent of exports and analysts will
be looking for signs that local factories are slowing down as
consumers on both sides of the border grow uneasy about the
economic recovery.

Mexico statistics agency website for data:
http://www.inegi.org.mx

All Mexico economic data (ECONALLMX: )

Today’s data (ECONMX: )
(Reporting by Jean Luis Arce; Editing by James Dalgleish)

PREVIEW-Mexico July industrial output seen up 6.3 pct yr/yr