*Mexico’s national statistics institute (Inegi) has released its global indicator of economic activity (Igae) for April, showing an increase of 1.2% compared to the previous month and a rise of 2.2% in yearly terms, on seasonally adjusted figures. The figures surpassed forecasts given by analysts in a Reuters poll of a 0.9% monthly rise and 1.8% yearly increase. This follows a monthly increase of 0.6% in March, when the Igae was up by 0.7% year-on-year, according to the latest figures. Activity in the primary (agriculture) sector dropped by 0.4% in monthly terms in April, while activity in the secondary (manufacturing) sector was up 2.1% and the tertiary (services) sector rose by 0.7%. In yearly terms, activity was up by 4.7% in the primary sector, 2.4% in the tertiary sector, and 1.8% in the secondary sector.
End of preview - This article contains approximately 147 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options