Puerto Vallarta News

Puerto Vallarta News

Mexico’s economy grows 1% in the third quarter

Mexico's economy grew 1% in the July-September period compared to the previous quarter, according to the quarterly estimate of the National Institute of Statistics and Geography (Inegi) published this Monday.

By sectors, the primary (which includes agriculture and livestock activities) advanced 1.8 percent; the secondary (related to industry) increased 0.9 percent, and the tertiary (which has to do with services) rose 1.2 percent.

With this, there are 3 of the last 4 quarters with growth for the national economy. So far in 2022, it's up 1.1 percent in . . .

Read Full Story

Related Posts

Los Cabos businesses demand transport inspectors removed

Los Cabos businesses demand transport inspectors removed

Los Cabos business leaders urge BCS to remove transport inspectors after alleged abuses, warning heavy-handed...
Cancún fines informal vendors 380,000 pesos after checks

Cancún fines informal vendors 380,000 pesos after checks

Cancún issued 380,731 pesos in fines after 3,079 checks on street vendors, targeting repeat offenders...
peso today

Mexican peso holds steady as inflation ticks higher

The peso closed near 17.48 per dollar, steady under 17.50, as hotter Mexico inflation and...
Mexican Stocks Hit Record High as IPC Index Tops 67,500

Mexican Stocks Hit Record High as IPC Index Tops 67,500

Mexico’s IPC index closed at a record 67,500 points with a 0.49% gain, propelled by...