Puerto Vallarta News

Puerto Vallarta News

Mexico’s economy seen posting 0% growth in second quarter

Mexico’s economy likely did not grow in the second quarter, weighed down by a slump in industrial production, declining investment and a weakening of the vast services sector, according to a Reuters survey published on Friday.

Gross Domestic Product (GDP) growth in Latin America’s second largest economy is seen at 0.0% in the second quarter versus the previous three-month period, in seasonally adjusted terms, according to the median forecast of 12 analysts. MXGDQP=ECI

“Whether or not the number is above or below zero, the economy is extremely weak. GDP has hardly grown at all over . . .

Read Full Story

Related Posts

puerto vallarta navy shooting

Navy streets lock down after Puerto Vallarta naval shooting

A young man was critically wounded after Navy personnel opened fire outside Puerto Vallarta’s 12th...
Puerto Vallarta whale collision kills local expat

Puerto Vallarta whale collision kills local expat

An American resident dies after a Puerto Vallarta whale collision near Olas Altas Beach, as...
Costa Azul lookout accident

Costa Azul lookout accident leaves car over cliff edge

A sedan skidded on a wet curve at the Costa Azul lookout in San José...
Los Cabos water crisis

Los Cabos water shortage still drags on as city grows

Los Cabos enters a second year of government still dragging a deep water shortage, clogged...