Monday, April 28, 2014

México’s Economy Grew 1.7% in February

The National Institute of Statistics and Geography (INEGI) said that according to the Global Indicator of Economic Activity, which shows the trends and behavior of the Mexican economy for short-term periods, there was a growth of 1.7 percent in February 2014 compared with the same period last year.
The INEGI said the increase was due to an increase in the three productive sectors.
According to the Ministry of Agriculture, Livestock, Rural Development, Fisheries and Food (Sagarpa) the production of oats, alfalfa, sugar cane, avocado, mango, corn, orange, coffee and potatoes was significant recording a 11.8 percent annual rate in February.
The commercial and real estate subsectors were also up appreciably during February with a 1.9 percent increase.
Activities such as construction, manufacturing, mining, water, gas, and electricity generation and distribution were also up, resulting in a 0.7 percent increase.
(from Sesnio)

No comments:

Post a Comment