*Mexico’s national statistics institute (Inegi) has published its preliminary indicator of economic activity (IOAE) for September. Inegi estimates that economic activity dropped by 0.1% in September as compared to August. A fall in economic activity of 0.1% in the secondary sector (manufacturing) and a 0.2% drop in the tertiary sector (services) accounted for the monthly decrease. In yearly terms, Inegi estimated that economic activity increased by 0.5%, estimating a yearly drop in secondary activities of 0.5% and an increase of 0.9% in the tertiary sector.
Back
LatinNews Daily - 22 October 2024
In brief: Mexico estimates monthly fall in economic activity in September
- PERU: Former president Toledo sentenced to 20 years in prison
- In brief: Venezuela’s former oil minister Tellechea arrested
- BRAZIL: Regulators to probe São Paulo energy provider after blackouts
- In brief: Brazilian market experts raise annual inflation forecast
- PANAMA: Mulino seeks Macron’s support over blacklists
- In brief: Honduras’ economic activity shows positive signs
- MEXICO: Tensions rise over El Mayo investigation
- In brief: Mexico estimates monthly fall in economic activity in September
- ARGENTINA: Milei dissolves tax office
- In brief: University workers strike in Argentina