Overview
- Mexico’s construction production rose 0.6% in January on seasonally adjusted data, marking a fourth monthly increase even as the indicator was still 1.1% below the level a year earlier.
- Oil and petrochemical projects jumped 29.1% from December, a surge that lifted the headline despite the category’s small 5.5% share of total work.
- Private‑sector building, known as edification, fell 1.6% in January after two prior monthly drops and accounted for 47.2% of sector output.
- Transport and urbanization works grew 0.8% month over month after much faster gains late last year, and early passenger‑train construction starts did not produce a broader lift.
- Industry sources reported early‑year administrative delays in public investment flows and payments on public‑private road maintenance contracts, while the federal government advanced a bill to promote investment in strategic infrastructure that is expected to move forward next month.