Mexico’s economy expanded at the fastest pace in at least three decades in the third quarter, making up for part of the output lost during the pandemic as manufacturing surged to meet strong U.S. demand.
Gross domestic product climbed 12% from the previous quarter, according to preliminary data released by the national statistics institute on Friday. The result, the best in data going back to 1990, was in line with the 11.9% median estimate from economists in a Bloomberg survey.