Mexico narrowly avoids slipping into recession
The Mexican finance ministry has unveiled a $25bn stimulus package aimed at ramping up growth
31 July 2019 - 22:56
Mexico City — Mexico narrowly avoided slipping into recession during the first half of 2019 as GDP grew by a fraction in the second quarter, data showed on Wednesday, but weakness persisted across the board.
A preliminary estimate published by the national statistics agency showed that Mexico’s economy, Latin America’s second biggest, expanded by just 0.1% in the April-June period from the previous quarter, when adjusted for seasonal swings...
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