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Mexico’s economic activity grew 0.2 percent last August equal to last year, according to preliminary data released by the National Institute of Statistics and Geography.
According to a statement from the agency, experts anticipate a 2.0 percent annual decline in secondary activities and a 0.7 percent increase in tertiary activities.
The estimates include 95 percent confidence intervals and correspond to seasonally adjusted figures.
On a monthly basis, they expect a 0.1 percent increase in the Global Economic Activity Indicator and in tertiary activities, while secondary activities are expected to remain unchanged.
The Timely Indicator of Economic Activity provides preliminary econometric estimates of the evolution of the Global Indicator of Economic Activity, as well as secondary and tertiary activities.
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