1/31/2019 – Reuters
MEXICO CITY (Reuters) – Mexican economic growth slowed in the fourth quarter of 2018 as manufacturing, mining and construction shrank, according to preliminary data published by the national statistics agency on Wednesday.
Gross domestic product expanded 0.3 percent in seasonally adjusted terms in the fourth quarter compared to the previous three-month period. That compares to 0.8 percent growth in the third quarter, the INEGI statistics agency said.
“The slowdown in GDP growth in Q4 was driven entirely by a slump in industry,” Edward Glossop, Latin America economist at Capital Economics, said in a research note.