LatinNews Monitor: Mexico - 26 November 2015

Consumer spending offsets oil weakness

From Latin American Regional Report: Mexico & Nafta by LatinNews 26 November 2015 20 views

Propped up by steady consumer spending and a decent performance by the agriculture sector, Mexico’s GDP rose at its fastest pace in two years in the third quarter in seasonally-adjusted terms. This created some optimism that, despite the severe economic toll of the continued oil price rout, a recovery is around the corner in 2016.

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