Mexico’s Gross Domestic Product (GDP) grew by 0.7% in real terms compared to the previous quarter, according to the timely estimate published by Inegi for the second quarter of the year.
At an annual rate, the timely estimate showed an increase of 1.2%, according to seasonally adjusted figures.
Between April and June, tertiary activities, which include trade, transportation, tourism, and other services, registered quarterly growth of 0.7%, while secondary activities (industry, manufacturing, and construction) increased by 0.8%. In contrast, primary activities (agriculture, livestock, fishing) fell by 1.3% compared to the previous quarter.
However, in annual terms, primary activities stood out with an increase of 4.5%, while tertiary activities advanced 1.7%. In contrast, the secondary sector showed a slight contraction of 0.2%.
Thus, Mexico has accumulated two quarters of growth, following the decline recorded in the last quarter of 2024 (0.7%).
MEXCHAM continues building bridges between Mexico and China.
中国墨西哥商会将继续作为墨西哥与中国之间的桥梁,不断努力。
Cámara de Comercio de México en China
(MEXCHAM)中国墨西哥商会
www.mexcham.org
bj.info@mexcham.org