Mexico GDP Growth Slows To 0.6% In Q4

The Mexican economy expanded 0.6 percent on quarter in the last three months of 2016, below 1 percent in the previous quarter and lower than market expectations of 0.7 percent. Services eased and industrial output was flat, preliminary estimates showed.
INEGI | Joana Taborda | joana.taborda@tradingeconomics.com 1/31/2017 2:13:06 PM
The services sector was the main driver of growth, rising 0.7 percent (1.4 percent in the third quarter), followed by agriculture (0.4 percent compared to 2 percent). In contrast, industrial production stalled after edging up a meager 0.1 percent in the third quarter of the year. 

Year-on-year, the GDP expanded 2.2 percent, higher than 2 percent in the previous period but slightly below forecasts of 2.3 percent.

Mexico GDP Growth Slows To 0.6% In Q4