| | |  Business News 
Mexican Economy Grows 3.42% in Feb from Year Ago
 Patrick Rucker - Reuters
go to original
April 28, 2010
Mexico City - Mexico's economy grew 3.42 percent in February from a year earlier, slightly less than expected, the national statistics agency said on Tuesday.
Analysts had forecast growth of 3.6 percent in the IGAE indicator, according to a Reuters poll.
Mexico's economy also expanded 0.46 percent from January after a month-over-month contraction of 1.03 percent from December.
Mexico's economy is recovering from its deepest recession since the 1930s as Americans buy more cars, televisions and refrigerators made south of the border.
The farming and livestock sector recorded the widest gains, with 8 percent expansion from a year ago. The sector that includes mining, construction and power expanded by 4.4 percent.
(Editing by Dan Grebler)
|
|
| |
Vallarta Weddings
Tell a Friend
Site Map
Print this Page
Email Us