Puerto Vallarta News

Puerto Vallarta News

Mexico Exports and Imports Fall in September

Factory exports fell 0.63 percent in September from August in seasonally adjusted terms, the national statistics agency said on Monday, dragged down by a 5.97 percent plunge in auto exports, its biggest contraction since August 2012.

Most of Mexico's exports are manufactured goods and nearly 80 percent of the country's exports are sent to the United States.

Non-oil consumer imports slid 5.12 percent in September compared with August, the biggest slump since May 2012, pointing to weaker demand from shoppers after a tax hike crimped spending.

Mexico's economy picked up in the second . . .

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