Mexico’s economy likely to expand 0.4% in April from March, Reuters estimates – zimo news


© Reuters. Fruits are displayed for sale at an outdoor market in Mexico City, Mexico on January 23, 2022. Photo taken on January 23, 2022. REUTERS/Luis Cortes

MEXICO CITY (Reuters) – Mexico’s economy likely expanded by 0.4% in April from March on a seasonally adjusted basis, preliminary estimates from national statistics agency INEGI showed on Thursday.

INEGI said it expects economic activity to rise by 1.8% in April compared to a year earlier.

Mexico’s economy expanded 0.9% in the first quarter from the previous three months, according to preliminary data last month, although the figure was slightly below expectations. It was the first quarterly increase in three quarters.


Source link


Please enter your comment!
Please enter your name here