Mexico GDP Unexpectedly Grows 0.6% In Q2

The Mexican economy advanced 0.6 percent on quarter in the three months to June of 2017, slowing slightly from a 0.7 percent rise in the previous quarter but beating market expectations of a 0.7 percent contraction. The services sector was the main driver of growth while industrial production barely rose and the primary sector shrank, preliminary estimates showed.
Joana Taborda | joana.taborda@tradingeconomics.com 7/31/2017 1:26:06 PM
The services sector increased 0.8 percent and industry edged up a meager 0.1 percent. On the other hand, the primary sector went down 2 percent. 

Year-on-year, the economy expanded an unadjusted 1.8 percent in the second quarter of the year, the lowest growth rate in three years. 

Mexico GDP Unexpectedly Grows 0.6% In Q2