In 2011 GDP grew by 3.9%, year-on-year, according to the official statistics institute (Inegi). The official figures point to problems in agriculture and oil production as the primary sector contracted by 0.6% year-on-year. Although the 2011 result shows that the economy slowed down from the 5.5% year-on-year GDP growth recorded in 2010, the result was better than many in the government had feared. There are signs that the US economy is beginning to pick up steam (and create jobs). This will benefit Mexico in 2012 because its industry is closely integrated into the US supply chain. End of preview - This article contains approximately 293 words.
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