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LatinNews Daily - 28 September 2020
In brief: Mexico’s economic activity shows further signs of recovery
* Mexico’s national statistics institute (Inegi) has released new figures for its monthly indicator of economic activity (Igae), which was up 5.7% in July, compared with June. The primary sector (agriculture, farming, and fisheries) was up 13.9%; the secondary sector (industry), 6.9%, and the tertiary sector (services), 4.6%. In annual terms, the Igae contracted 9.8% in July compared with the same month in 2019 as a result of the impact of the coronavirus (Covid-19) pandemic, with the secondary sector contracting 11.6% and the tertiary sector down by 10%, while the primary sector was up 10.6%.
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