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The construction value in Mexico increased on an annual basis

According to statistics from the National Institute of Statistics and Geography (INEGI) of Mexico, the construction value in Mexico showed an increase for the 23rd consecutive time in February.

The construction value in Mexico increased on an annual basis

The construction value in Mexico has increased for the 23rd consecutive time

In February 2023, the construction value in Mexico increased by 6.1% compared to the previous year. With this increase, the value of construction activities in Mexico has shown a consecutive annual growth for 23 years.

The total value of the work was lower compared to February 2019

In Mexico, which is among the leading countries in steel consumption, the total value of work decreased by 18.7% compared to February 2019 and by 7.1% compared to February 2020. This decline indicates that the construction sector has been affected by the economic challenges caused by the COVID-19 pandemic.

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