Monday, November 28, 2011

"Mexico 3Q GDP Jumps 4.5%, Above Expectations" via NASDAQ

Mexico showed that it's economic growth is not to be ignored as its numbers kept a steady pace in the third quarter. Mexico's economy overcame market expectations with strong domestic demand and higher agricultural production compensating for a slowdown in industrial production.
Gross domestic product, a broad measure of output in goods and services, expanded 4.5% in the July-September period from the like period of 2010, Mexico's National Statistics Institute, or Inegi, said Tuesday.

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