Mexico's economy likely shrank in the second quarter, with a stagnant service sector and a drop in industrial output contributing to the decline.
Mexico will report quarterly gross domestic product (GDP) data on Monday, and according to the median responses of five economists polled by Reuters, seasonally adjusted GDP likely contracted by 0.3 percent from the first quarter.
The economy grew 0.8 percent in the first quarter.
Compared with the second quarter of 2015, the economists saw GDP expanding 2.40 percent. Growth was 2.6 percent in the first quarter versus the year-ago period.
According . . .
Already a Subscriber? Login Here
