Mexico GDP Growth Highest in 1-1/2 Year
The Mexican economy advanced 1.1 percent on quarter in the first three months of 2018, above 0.8 percent in the previous period. It is the highest growth rate since the third quarter of 2016, preliminary estimates showed.
The services sector went up 1.2 percent, primary activities 0.8 percent and industry 0.7 percent.
Year-on-year, the economy advanced 1.2 percent, below 1.5 percent in Q4 2017. It is the worse performance since the last quarter of 2013 as the industrial sector slumped 1.1 percent, the fourth straight quarter of contraction.
4/30/2018 1:48:31 PM