Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico 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

Mexico announces 140-billion-peso gas pipeline plan

Mexico announces 140-billion-peso gas pipeline plan

Mexico will invest more than 140 billion pesos in gas pipelines to support CFE plants,...
SEAPAL Keeps Puerto Vallarta Water Quality Certification

Marina Vallarta Road Closures Start Friday for SEAPAL Works

SEAPAL work on Calle Albatros will bring intermittent closures in Marina Vallarta starting May 8...
Jalisco Responsible Tourism Certification

Jalisco Launches Tourism Certification Ahead of World Cup

Jalisco’s new tourism certification links sustainability, local identity and child-protection protocols ahead of the 2026...
Senate Prepares Bill to Regulate Artificial Intelligence in Mexico

Senate Prepares Bill to Regulate Artificial Intelligence in Mexico

Mexico’s Senate is preparing an AI law and national strategy that could shape work, public...