Weekly Report - 01 December 2016 (WR-16-47)

MEXICO | GDP growth. Mexico’s GDP expanded by 2% year-on-year in the third quarter of 2016, according to data released by the national statistics institute (Inegi) this week. The agricultural sector posted growth of 5.3% year-on-year, while the service sector, which makes up 62% of GDP, expanded by 3.4%. The manufacturing sector contracted by 0.8% due to a slump in industrial activity linked to weak US demand.

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