• Mexican economic activity falls in real terms in September

    Source: FxWire Pro - Commentary / 24 Nov 2017 10:02:33   Eastern Standard Time

    The Global Indicator of Economic Analysis (IGAE) of Mexico dropped in real terms in September. According to INEGI, the IGAE fell 0.5 percent in real terms compared to the previous month.

    The Tertiary sector recorded a drop of 0.8 percent, while the secondary ones saw a decline of 0.4 percent. Meanwhile, the primary sector recorded a growth of 3.5 percent sequentially in September.

    On a year-on-year basis, the IAGE saw a rise of 0.9 percent in September. The primary and tertiary sectors recorded a rise of 3.2 percent and 1.9 percent, respectively. Meanwhile secondary sector saw a drop of 1 percent year-on-year.

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