Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

mexico economy

Mexican economy grows 3.0 percent

In the second quarter of 2017, the Mexican economy grew 3.0 percent compared to the same period last year, with seasonally adjusted figures, which confirms the timely estimation of the Gross Domestic Product (GDP) and accumulates 30 quarters with consecutive annual increases.

The National Institute of Statistics and Geography (INEGI, for its acronym in Spanish) reported that by components, the GDP of Tertiary Activities rose by 4.1 percent, Primary by 0.9 percent and Secondary by 0.5 percent over the second quarter of 2016.

Thus, GDP from April to June of this year, 3.0 percent, was . . .

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