Mexico, India, Malaysia Report Industrial Production Gains in February

In February 2025, industrial production data showed varied results across several countries. Mexico's industrial output unexpectedly rose by 2.5% from January, benefiting from increases in manufacturing and construction despite facing potential headwinds from U.S. tariffs. Meanwhile, India reported a 2.9% growth year-on-year in industrial output, with notable contributions from the manufacturing sector and electricity production, although economists had anticipated higher growth. Malaysia experienced modest growth of 1.5% in its Industrial Production Index, driven primarily by manufacturing, though it faced declines in mining and electricity sectors. Overall, these figures highlight a mixed global industrial landscape, with some economies experiencing growth while others struggle with contractions.