Puerto Vallarta News

Puerto Vallarta News

Mexico’s economy in 2020 suffers worst slump since 1930s

Mexico’s economy last year suffered its biggest annual contraction since the 1930s, although it recovered better than expected from the ravages of the COVID-19 pandemic during the final quarter, preliminary data showed on Friday. Gross domestic product in Latin America’s second-biggest economy tumbled by 8.5% last year in seasonally adjusted terms,…

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