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24 August, 2019 00:00 00 AM
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Mexican economy registers zero growth in Q2

AFP, Mexico City

Mexico registered zero economic growth in the second quarter, according to revised data released yesterday, meaning that Latin America’s second-biggest economy dodged a recession even more narrowly than previously thought.

“Gross domestic product (GDP)... registered no change in real terms in the second quarter of 2019,” Mexico’s official statistics institute, INEGI, said in a statement.

INEGI had initially said in July that GDP expanded by 0.1 per cent in the period from April to June. That puny-but-positive figure at least indicated the economy had returned to growth, after shrinking in the first quarter of the year.

 

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Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
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Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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