The Mexican economy increased 1% in real terms during the fourth quarter of 2017 compared to the previous quarter, according to preliminary data released by the country’s statistics office.
By components, primary activities grew 3.1%, services increased 1.2% while manufacturing advanced 0.1% in the fourth quarter of 2017, also on a quarterly basis.
On an annual comparison, the preliminary Gross Domestic Product (GDP) data for the fourth quarter of 2017 showed a 1.7% growth over the same quarter of the previous year.
The final GDP figures for 2017 are expected for February 23.
The material has been provided by InstaForex Company – www.instaforex.com
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