Puerto Vallarta News

Puerto Vallarta News

la palapa

Mexico’s restaurant sector expected to grow 6 percent this year

The restaurant sector, which has about 500,000 establishments in Mexico, will grow 6.0 percent this year, said Jose Luis Mier Díaz, the National Chamber of the Restaurant and Food Industry, Canirac.

In a press conference to announce the realization of the Expo Abastur 2017, he explained that the estimated value of the industry at the end of 2015 was about 243 billion pesos, with effect in 83 percent of the branches of economic activity, which implies 1.8 percent in the national Gross Domestic Product and 13 percent in the tourist.

He pointed out that seven out . . .

Read Full Story

Related Posts

Mexico Denies Joint Operations, Halts New US Agent Permits

Mexico Denies Joint Operations, Halts New US Agent Permits

Mexico’s government says it won’t authorize any new U.S. agents, denying any joint operations and...
12 Mexico City Neighborhoods Dominate New Apartment Construction

12 Mexico City Neighborhoods Dominate New Apartment Construction

In Mexico City, new apartments are mostly built in 12 central neighborhoods, widening the gap...
Cartels Drive Out Indigenous Communities for Gold and Timber

Cartels Drive Out Indigenous Communities for Gold and Timber

In Chihuahua’s Sierra Tarahumara, organized crime groups are forcing Indigenous families off their land to...
Mexico October inflation

Mexico Inflation Ticks Up to 3.79% in January

Mexico’s annual inflation was 3.79% in January, up from December’s 3.69%. Core inflation hit 4.52%,...