Mexico Economy Grew 2.6% in First Quarter on Consumer Demand

  • Finance Ministry cut 2016 growth forecast to 2.2%-3.2% range
  • Statistics agency publishes final data for first quarter

Mexico’s economy expanded 2.6 percent in the first quarter from the year earlier, in line with a preliminary calculation last month, on a rebound in consumer demand. Still, the Finance Ministry cut its growth forecast for the year as the external environment deteriorated.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.