Puerto Vallarta News

Puerto Vallarta News

Mexico’s economy slows as industry sputters

Mexican growth slowed more than expected in the fourth quarter as industry contracted by the most in over two years despite steady services expansion, data showed on Tuesday.

The economy MXGDPQ=ECI grew by about 0.5 percent from the prior quarter, below the 0.8 percent rate in the third quarter and expectations of 0.6 percent from analysts in a Reuters poll.

The industrial sector, which has been hit by sinking oil prices and production at state oil giant Pemex [PEMX.UL], fell 0.4 percent compared to the third quarter, its biggest drop since the second quarter . . .

Read Full Story

Related Posts

San Miguel de Allende seeks Food and Travel Reader Awards

San Miguel de Allende seeks Food and Travel Reader Awards

With voting ending Jan. 30, San Miguel de Allende is chasing top Food and Travel...
Vendors allege kickbacks in Cancún city permit offices

Vendors allege kickbacks in Cancún city permit offices

Small businesses in Benito Juárez say they’re asked for “mochadas” to speed up or cut...

Puerto Vallarta reaches record visitors, revenue in 2025

Puerto Vallarta edged to a new 2025 record with 6.265M visitors, steady occupancy, and higher...
New dinosaur from Coahuila adds to Mexico’s fossil record

New dinosaur from Coahuila adds to Mexico’s fossil record

Scientists have described Xenovenator espinosai, a 74-million-year-old Coahuila predator whose thick skull hints at head-butting.