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 . . .