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 . . .

Read Full Story

Related Posts

Why bank branches are disappearing faster across Mexico

Why bank branches are disappearing faster across Mexico

Mexican banks are closing branches faster as apps grow, but many customers still rely on...
US travel map puts six Mexican states at highest risk

US travel map puts six Mexican states at highest risk

A U.S. map shows six Mexican states at Level 4, but Mexico overall remains at...
Cuba searches for aid boats missing after leaving Mexico

Cuba searches for aid boats missing after leaving Mexico

Cuba and Mexico are searching for two aid sailboats that vanished en route to Havana,...

San Miguel de Allende Named Mexico’s Top Wine Region

San Miguel de Allende won Food and Travel’s top wine-region award, highlighting how vineyards now...