Puerto Vallarta News

Puerto Vallarta News

Mexico’s economy grows 3.1 percent in 2022

Puerto Vallarta (PVDN) - Mexico's economy grew 3.1 percent during 2022, slightly better than the previously estimated 3.0 percent, according to revised Gross Domestic Product (GDP) data, published this Friday by the National Institute of Statistics and Geography (INEGI).

During the past year, Mexican activity faced an adverse outlook due to high inflation and the relocation of foreign companies to Mexico, which, according to analysts, could be a growth engine in the coming years.

The economy grew 0.5 percent in the fourth quarter, which, although it represented slight growth, showed signs of . . .

Read Full Story

Related Posts

Volaris Viva merger

Volaris Viva merger could widen Mexico’s budget routes

A proposed Volaris Viva merger could create a bigger low-cost map, adding planes and more...
public insecurity drag

Insecurity in Mexico scaring off investors and lowers GDP forecast

Banxico’s analyst survey shows public insecurity now tops growth worries, pushing the 2026 GDP forecast...
Mexico import tariffs

Mexico tariff hikes on China promise sharp revenue surge

Mexico tariff hikes on imports from China and other Asian countries are set to boost...
urban income poverty

Mexico’s urban income poverty spikes after sharp food price hit

Mexico’s urban poverty line hit 4,809 pesos in November, rising faster than inflation as meals...