Home appliances manufacture growing 4.8% in Queretaro

The value of home appliances’ production rose to US$429 million during the first five months of the year, which represents a 4.8% annual growth rate, according to data from Mexico’s National Institute of Statistics and Geography (INEGI). Thus, during the first five months of 2017, a monthly increase in the production value may be observed, as the starting value from January was US$ 80 million, while by May, it had gone up to US$ 92 million. The production value, accumulated from January to May 2017 represents 6.9% of the total value of all the manufacturing production in in the State, as the add-up of this period is US$ 6.2 billion, based on information from INEGI.