MEXICO CITY Mexican factory exports slumped in January by the most since October, while non-oil consumer imports dipped slightly, data showed on Monday, as Donald Trump took over the White House.
Non-oil manufacturing exports fell 5.8 percent in January from December in seasonally adjusted terms, national statistics agency INEGI said, as auto exports fell 5 percent and non-auto shipments slipped 6.17 percent.
Non-oil consumer imports slipped just 0.1 percent in the same month, after a dramatic fall in the Mexican peso hurt purchasing power abroad.
Trump, who took office on Jan 20, has threatened to scrap a key trade agreement with Mexico if he cannot adjust it to benefit American interests and tax Mexican imports to the United States, casting a shadow over Mexican businesses.
Mexico posted a $783 million trade deficit in January when adjusted for seasonal swings MXTBLS=ECI, the national statistics agency said on Monday.
In non-seasonally adjusted terms, Mexico posted a trade deficit of $3.294 billion MXTBAL=ECI.
(Reporting by Christine Murray and Alexandra Alper; Editing by Chizu Nomiyama)