2022-11-25 14:23:34

Mexico Q3 GDP Growth Improves More Than Estimated

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RTTNews
By Rtt News Staff Writer

Mexico's economic growth improved more than initially estimated in the third quarter, latest data from the National Institute of Statistics and Geography showed on Friday.

Gross domestic product advanced an unadjusted 4.3 percent year-over-year in the September quarter, faster than the revised 2.4 percent rise in the June quarter.

The figure for the third quarter was revised up from the 4.2 percent growth reported initially on October 31.

Regarding large economic activities, the tertiary sector expanded the most, by 4.5 percent annually in the third quarter. This was followed by a 3.6 percent rise in the primary sector, and a 3.5 percent growth in the secondary sector.

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