MEXICO CITY (AP) — Mexico’s economy barely eked out a 0.1% increase in the fourth quarter,Slabu 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.
2025-05-02 17:29194 view
2025-05-02 16:16805 view
2025-05-02 16:001776 view
2025-05-02 15:191443 view
2025-05-02 14:48985 view
2025-05-02 14:45631 view
Global consulting firm McKinsey & Company agreed Friday to pay $650 million to resolve criminal
A brutal two-week heat wave that has broiled much of the U.S. South and pushed the Texas power grid
Blac Chyna's wellness journey is not just physical.The glamour model, who shares daughter Dream Kard
