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Economy & Business - March 2012 (ISSN 1741-7430)
Industry picks up
In 2011 GDP grew 3.9%, year-on-year, according to the Instituto Nacional de Estadística y Geografía (Inegi). The Inegi has also produced flash economic output (Indicador Global de la Actividad Económica or Igae) figures for January 2012 which show month-on-month growth of 0.5%. What makes the January Igae figures significant is that the economy is growing despite a-near 5% (4.73%) month-on-month contraction in the primary sector. The primary sector covers agriculture and oil production. Industry is doing well, growing by 0.8% month-on-month and services are doing even better, up 0.9%.
- China starts to hedge its bets on Latin America
- Still bullish
- Industry picks up
- Pressing the accelerator
- ARGENTINA: Problems mount
- CHILE: Aiming low
- PARAGUAY: Feeling the heat
- URUGUAY: Feeling more than OK
- BOLIVIA: Pushing to de-dollarize
- COLOMBIA: All systems go
- ECUADOR: The price of the boom
- PERU: Still growing well
- VENEZUELA: Dutch disease rife
- COSTA RICA: Business optimism
- CUBA: More administrative changes
- DOMINICAN REPUBLIC: Central bank comes off the fence
- EL SALVADOR: What does the electorate want?
- GUATEMALA: Cautious
- HONDURAS: Coffee problems
- NICARAGUA: Exports up
- PANAMA: Exports up 8.3% in 2011
- China opens up on Ecuacorriente
- Repsol blinks
- Bolivia plans first bond since early 1900s