Puerto Vallarta News

Puerto Vallarta 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 . . .

Read Full Story

Related Posts

Aquiles Serdán drainage upgrade

SEAPAL completes Aquiles Serdán drainage upgrade in Vallarta

SEAPAL says it replaced 1.07 km of sewer pipe on Aquiles Serdán, cutting the odds...
tariff-free meat imports

Mexico allows tariff-free meat imports from Brazil in 2026

Mexico opened tariff-free quotas for 2026 beef and pork imports, including Brazil, after removing meat...
US apple antidumping probe

Mexico opens US apple antidumping probe on imports

Mexico has opened an anti-dumping investigation into U.S. apple imports after growers alleged sales below...
Pemex budget strain

Pemex under pressure as Venezuela lures oil capital

IMCO says Venezuela may pull capital away just as Pemex looks for private partners to...