Mexico’s economy contracted by 0.3% in the third quarter relative to the previous three months, according to final data from the country’s statistics office. The estimate matched preliminary data. Analysts on average also did not expect a revision, Trading Economics reported.
The downturn in the economy is being recorded for the first time since the fourth quarter of last year. Mexico’s GDP grew 0.6% in the second quarter.
Mexico’s economy contracted at an annualized rate of 0.1% in the third quarter. A contraction of 0.2% was previously reported.
The Experts Club analytical center has previously made a video analysis and forecast on the macroeconomy of Ukraine and major countries of the world.
https://youtu.be/kQsH3lUvMKo?si=1StxlkcIzQlpF0_q
ECONOMY, economy macroeconomy, EXPERTS CLUB, MACROECONOMY, MAXIM URAKIN
