Mexican economy shows signs of stagnation

August 19, 2022

Mexico's economic activity registered a contraction in July 2022, which points to its third record with losses, according to the National Institute of Statistics and Geography (Inegi).

According to the results of the new Timely Indicator of Economic Activity (IOAE), a monthly variation of the Global Indicator of Economic Activity (IGAE) is estimated with a decrease of 0.13 percent in the seventh month of the year.

The economy added its third consecutive month of contracting, in May at 0.19 percent and in June at 0.14 percent.

Thus, the general . . .

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