Weekly Report - 02 March 2017 (WR-17-08)

MEXICO | Respectable GDP growth. The Mexican economy grew by 2.3% in 2016, down from 2.6% in the previous year, according to the national statistics institute (Inegi). GDP growth was driven by the primary sector (4.1%) and the tertiary services sector (3.4%). Services account for nearly two-thirds of Mexico’s GDP. The secondary sector (industrial output), which accounts for 18% of the country’s GDP, saw no growth in 2016.

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