Mexico’s Economy Contracted in 2019

January 30, 2020
Source: The Wall Street Journal

Mexican Pesos

MEXICO CITY—Mexico’s economic activity contracted slightly in 2019 in its weakest showing in a decade as industrial production fell and services slowed.

Gross domestic product, a broad measure of output of goods and services, was unchanged in the fourth quarter from the previous quarter in seasonally adjusted terms, and declined 0.1% for all of 2019, the National Statistics Institute said Thursday.

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