Economy of Mexico returned to growth in the third quarter


Mexico's GDP in the third quarter increased by 0.8% compared with the second quarter, when it was noted a decrease of 0.1%, national institute of statistics of Mexico reported, noting in the third quarter the most significant growth since the fourth quarter of last year. The country's return to economic growth was facilitated by a recovery in industry and services. Compared to the same quarter of 2017, GDP grew by 2.5%, slowing annual growth against a rise of 2.6% a quarter earlier. Economists had expected the first figure to grow by 0.9%, the second one - by 2.6%. Growth in the service sector in annual terms was at the level of 3.2%, in agriculture - at the level of 2.2%.

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