Mex­i­can econ­omy shrinks in sec­ond quar­ter

The Myanmar Times - - International Business -

Mex­ico’s econ­omy re­treated in the sec­ond quar­ter as in­dus­trial ac­tiv­ity fell while ser­vices stag­nated, of­fi­cial fig­ures show. The gross do­mes­tic prod­uct of Latin Amer­ica’s sec­ond-big­gest econ­omy shrank 0.3 per­cent be­tween April and June com­pared to the first three months of the year, ac­cord­ing to the INEGI statis­tics in­sti­tute.

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