GDP grew 5.9% annually in the first quarter of 2024: Inegi

GDP grew 5.9% annually in the first quarter of 2024: Inegi

Mexico City. The quarterly gross domestic product (GDP) showed an annual increase of 5.9 percent during the first quarter of 2024, reaching more than 32 trillion current pesos, revealed the National Institute of Statistics and Geography (Inegi). This morning, the Institute presented the preliminary quarterly results of GDP using the income and expenditure method, which … Read more

Mexico’s GDP slowed in Q2; grew 1%

Mexico’s GDP slowed in Q2; grew 1%

Mexico City. The Mexican economy lost speed and grew by one percent in the second quarter of 2024 compared to the same period in 2023, reflecting a slowdown, as the first quarter’s growth was 1.9 percent annually, according to figures from the National Institute of Statistics and Geography (Inegi). On a quarterly basis, Mexico’s gross … Read more