Yucatán maintains 1st-place rank in industrial growth
Mérida, Yucatán — The state continues to be Mexico’s most dynamic in a survey tracking industrial growth.
According to the statistics recently published by the National Institute of Statistics and Geography (INEGI), through its Monthly Indicator of Industrial Activity by Federative Entity (Imaief), Yucatán leads the nation.
From January to May 2017, the state grew 9.4 percent. Its fast pace was followed by Puebla, Aguascalientes, Guanajuato and the State of Mexico.
Manufacturing — defined as the transformation of raw materials to value-added products — was the most active of the four components that make up the industrial sector. Construction, mining, and the generation and distribution of water, gas and electricity, are the other industrial sectors measured.
Offering anything from meats to snack foods, food processors account for seven out of 10 pesos generated by Yucatán’s manufacturers. Textiles, auto parts and electrical components are other major sectors here.
One major pork processing plant, Grupo Porcícola Mexicano Kekén, recently received the National Export Prize from President Enrique Peña Nieto. Yucatán is the fourth-largest producer of pork in the country and Mexico’s most prominent marketer.
In all, manufacturing activities in the region have grown by 11.8 percent this year. The state now boasts double-digit growth in this area for 22 consecutive months.
The water, gas and electrical distribution rose 5 percent in the same period, while mining rose 4.6, both above the national average.
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