Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico 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

Yucatán Jarana Celebration Unites 84 Municipalities

Yucatán Jarana Celebration Unites 84 Municipalities

More than 1,800 dancers from 84 Yucatán municipalities filled Mérida’s Gran Museo del Mundo Maya...
Mexico Opens Tianguis Culture Events to the Public

Mexico Opens Tianguis Culture Events to the Public

Free Tianguis Turístico events in Acapulco aim to connect tourism promotion with artisans, traditional cooks...
Mexico Food Costs Are Up 67% and Budgets Feel the Strain

Mexico Food Costs Are Up 67% and Budgets Feel the Strain

Mexico’s food basket has risen 67% since 2018, squeezing household budgets as food prices outpace...
IDs Found in Jalisco Grave May Identify Two Victims

IDs Found in Jalisco Grave May Identify Two Victims

Documents found in an El Salto clandestine grave may help identify two victims as Jalisco...