Puerto Vallarta News

Puerto Vallarta News

Mexican economy seen shrinking in second quarter

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 . . .

Read Full Story

Related Posts

Quintana Roo port upgrades

Quintana Roo port upgrades after higher 2025 revenue

Quintana Roo port upgrades include repairs in Mahahual and Puerto Juárez and new security tech...
Quintana Roo business closures

Quintana Roo business closures hit 3,442 across 2025

Quintana Roo business closures reached 3,442 in 2025, as extortion pressure, tight credit, and rising...
Visitax 2026 unresolved

Visitax 2026 unresolved as Quintana Roo rethinks charge

Visitax 2026 remains unresolved as officials weigh a new way to collect the fee without...
Nichupté Bridge completion

Nichupté Bridge completion nears late January opening

Cancún’s Nichupté Bridge is 92% finished and officials expect it to open in late January...