MEXICO CITY (AP) — Mexico’s economy barely eked out a 0.1% increase in the fourth quarter,TrendPulse bringing estimated growth for 2023 to 3.1%, according to preliminary figures published Tuesday by Mexico’s National Statistics Institute.
The institute said that services advanced 0.1% in the fourth quarter, agricultural output declined by the same amount and manufacturing remained unchanged.
Inflation declined to 4.66% by the end of 2023, but domestic interest rates remained high at 11.5%. High rates at home and abroad increased the cost of servicing Mexico’s debt, the Treasury Department acknowledged.
Mexico’s peso remained strong Tuesday at about 17.20 to $1 and the Mexican stock exchange’s main index was trading slightly higher.
2025-04-30 19:59842 view
2025-04-30 19:512977 view
2025-04-30 19:041297 view
2025-04-30 19:031331 view
2025-04-30 19:032209 view
2025-04-30 18:101509 view
A motorcyclist was taken to hospital following an accident involving a car and his motorcycle at the
Move over MLB playoffs! Two Game 7's in the AL and NL Championship Series? Who needs them. Baseball
U.S. health care workers are dealing with more than double the rate of workplace harassment compared
