Yucatecan industry presents solid growth, higher than the national average

According to the most recent figures from the Monthly Indicator of Industrial Activity by State (IMAIEF) provided by INEGI, the growth of the industrial sector in Yucatán exceeds the national average.

Mérida, Yucatán, (December 14, 2021).- The Yucatecan industry maintains a good step by presenting a growth higher than the national average, a result of the impulse that the Government of Yucatan has given to the economic reactivation because according to more recent figures provided by the National Institute of Statistics and Geography (INEGI ) registered an increase of 13.7%.

Based on the INEGI’s Monthly Indicator of Industrial Activity by Federal Entity (IMAIEF), the good result registered in the entity’s industrial sector was mainly due to the outstanding performance of the subsectors of “Generation, transmission and distribution of electrical energy, supply of water and gas through pipelines to the final consumer and Manufactures ”.

In the case of the energy subsector, the entity positioned itself as one of the fastest-growing by presenting an annual rate of 12%, which contrasted with the drop registered at the national level of -5.1%. For its part, manufacturing contributed to placing Yucatan in the first place with the highest growth, registering an annual rate of 12.4%, an increase almost twice the national rate of 6.6 percent.

Additionally, the “Construction” and “Mining” subsectors complemented the good result by registering an annual growth of 6.8% and 0.5%, respectively. With the above, it can be identified that the industrial sector in the entity presented a positive result in all the subsectors that comprise it, with which, the growing trend of the last months is maintained and the recovery of the sector continues.

In particular, the Yucatecan industry has presented an excellent performance in employment, managing to overcome the adverse situation caused by the health contingency by registering the total recovery of jobs lost in the sector and contributing an important part in the generation of more than 33 thousand new formal jobs registered between August 2020 and November of this year.