Puerto Vallarta News

Puerto Vallarta News

Mexico’s economy grows at fastest rate in 2 years

Mexico's economy grew at its fastest pace in two years in the third quarter, beating expectations, as industrial output rebounded following a slump in oil output and weak exports in the first half of the year.

The Mexican economy grew 0.8 percent from July to September compared to the prior three months above an estimated 0.6 percent in a Reuters poll and an upwardly revised 0.6 percent expansion in the second quarter.

The figure was also above a preliminary estimate for third-quarter growth from the statistics office issued late last month.

Industrial output, which includes . . .

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