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

World Cup 2026 revives Mexico City rental tensions

World Cup 2026 revives Mexico City rental tensions

Hosts say short-term rentals aren't driving Mexico City rent hikes as World Cup 2026 nears,...
There are now 8 cases of measles in Puerto Vallarta

Measles cases reach 8 in Puerto Vallarta as adults infected

Puerto Vallarta has eight confirmed measles cases, including three new young-adult infections tied to IMSS...
Playa Mamitas plan proposes hotel rooms and condos

Playa Mamitas plan proposes hotel rooms and condos

A new Semarnat filing outlines ZONNA near Playa Mamitas with 64 hotel rooms and 187...
Authorities roll out a Spring Break safety plan across beach

Spring Break safety modules set for Cabo hot spots

Los Cabos will staff three response points in Cabo San Lucas and boost patrols with...