Puerto Vallarta News

Puerto Vallarta News

Mexico’s economy grows 3.1 percent in 2022

Puerto Vallarta (PVDN) - Mexico's economy grew 3.1 percent during 2022, slightly better than the previously estimated 3.0 percent, according to revised Gross Domestic Product (GDP) data, published this Friday by the National Institute of Statistics and Geography (INEGI).

During the past year, Mexican activity faced an adverse outlook due to high inflation and the relocation of foreign companies to Mexico, which, according to analysts, could be a growth engine in the coming years.

The economy grew 0.5 percent in the fourth quarter, which, although it represented slight growth, showed signs of . . .

Read Full Story

Related Posts

Tianguis

Los Cabos Christmas sales give merchants big win this year

Merchants across Los Cabos report their strongest Christmas in years as busy markets, local families...
Anima Village

Crowds flood Anima Village Los Cabos on stormy debut

Ánima Village, a new open-air luxury plaza in Cabo del Sol, opened on a rainy...
Mexico corner shops

Mexico corner shops drowning in inflation and extortion

Neighborhood grocery stores across Mexico report a 45 percent collapse in 2025 sales as inflation,...
Mexico development fund

Mexico development fund plan for 700,000 jobs in 3 years

Mexico’s state-backed fund of funds wants to channel billions into venture, credit and infrastructure to...