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Mexico's Economy Mexico's economy grows 1.0% in the third quarter

Juan

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Mexico's economy expanded between July and September, the fourth consecutive quarter of growth, boosted mainly by the primary sector, a preliminary estimate from the national statistics agency showed on Monday.

Gross domestic product (GDP) rose 1.0% in the third quarter compared to the previous three-month period, slightly above forecasts for a 0.7% increase and up from 0.9% growth in the previous quarter.

Compared with the same quarter a year earlier, Latin America's second largest economy grew 4.2%, the statistics agency added, above projections for 2.8% growth, marking six consecutive quarters of growth.

 
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