Mexico factory exports, consumer imports dip in January

2/26/2016 Reuters

drawing bar chartMexico’s factory-made exports dipped in January, even as automobile exports rose, while imports of consumer goods slipped for a third straight month, data showed on Friday.

Manufactured exports dipped 0.6 percent in January compared with December in seasonally adjusted terms, the national statistics agency said.

Mexico exports mostly manufactured goods to the United States, its top trading partner. Weakness in U.S. factory output weighed on growth in Latin America’s No. 2 economy last year.

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