Puerto Vallarta News

Puerto Vallarta News

Mexico’s economy expanded more than forecast in the second quarter

Mexican economic growth was stronger than expected in the second quarter as industrial activity and domestic demand perked up, signaling a recovery in Latin America's No. 2 economy is gathering pace.

Gross domestic product grew 1.04 percent in the second quarter compared to the first three months of the year , as services and industry expanded at their fastest rate since the third quarter of 2013, data showed on Thursday.

The figure was above a forecast in a Reuters poll for 0.8 percent growth and the upwardly revised 0.44 percent rate reached in the January to March . . .

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