Puerto Vallarta News

Puerto Vallarta News

Mexico’s growth slows less than expected

Mexico's economic expansion slowed slightly less than expected in the fourth quarter as the pace of services growth held up even as industrial expansion ground to a halt, preliminary data showed on Friday.

The economy grew by about 0.6 percent from the prior quarter, according to estimates by the national statistics agency.

That was below the 0.8 percent rate in the third quarter and above expectations of 0.5 percent from analysts in a Reuters poll.

On track to post its slowest growth since a contraction at the start of last year, the industrial sector was probably . . .

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