Mexico GDP Growth at 1-Year Low of 0.6% in Q2


The Mexican economy advanced 0.6 percent on quarter in the three months to June of 2017, in line with the preliminary reading but slowing slightly from a 0.7 percent rise in the previous quarter. The services sector was the main driver of growth while industrial production stalled and the primary sector shrank, final estimates showed.

The services sector increased 0.8 percent, in line with the preliminary reading and below 1 percent in the previous period. Industrial output was flat, compared to an earlier estimate of 0.1 percent and 0.2 percent in the previous quarter. The primary sector went down 1.9 percent (-2 percent in the first figure) and compared to 0.8 percent in the previous period. 

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 Growth at 1-Year Low of 0.6% in Q2


INEGI | Joana Taborda | joana.taborda@tradingeconomics.com
8/22/2017 5:09:22 PM