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 . . .