The Canada Brief

Economy · 4 d ago

Manzanillo, Colima, Mexico

Manzanillo goverment · CC BY-SA 3.0 · Wikimedia Commons

Mexico's economy grows 3.2 per cent in the third quarter

Growth from the previous quarter

0.9 per cent, July to September

Output rose 0.9 per cent from the previous quarter, the third straight quarterly gain, Mexico's statistics agency Inegi said on Friday.

Change from the previous quarter

  • Services: up 1.1 per cent
  • Industry: up 0.8 per cent
  • Agriculture: down 0.4 per cent

Services grew 1.1 per cent and industry 0.8 per cent from the previous quarter, while agriculture fell 0.4 per cent.

Annual growth had not come close to 3 per cent since 2023. The IMF expected 1.5 per cent for the year, and Inegi will publish final figures next month.