Mexico's Economy Shrinks in Q1, but Less Than Expected
Mexico's economy contracted by 0.6% in the first quarter, a sharper decline than anticipated, marking the biggest drop since late 2014. Despite the quarterly contraction, the economy saw a year-on-year growth of 0.4%.
<p>The 1Q economy actually outpaced expectations and was stronger than the same period a year ago, but the drop from the previous three-month period was the sharpest since 2014.</p> <p>The post <a href="https://mexiconewsdaily.com/news/mexicos-economy-shrank-first-quarter-less-than-expected/">Mexicoโs economy shrank in this year’s first quarter, but less than anticipated</a> appeared first on <a href="https://mexiconewsdaily.com">Mexico News Daily</a></p> <p><span style="font-weight: 400;"...