The Mexican economy grew by 1% in the second quarter of 2022: Eng

The Mexico’s economy It grew 1% in the second quarter of 2022, accumulating two quarters with the same growth, as per a timely estimate of gross domestic product (GDP), published This Friday by the National Institute of Statistics and Geography (inigi).

In doing so, the appropriate GDP increased by 1.9% at an annual rate.

At a quarterly rate, the appropriate GDP of higher education activities (Services) grew by 1%; While the secondary (industrial) and basic (agricultural) level increased by 0.9% in the second quarter of 2022.

At an annual rate and with a seasonally adjusted series, the Timely estimate of GDP It showed 1.9% growth in real terms, in the April-June 2022 quarter.

regarding The economic activityThe increases were 3.3% in secondary activities, 1.4% in primary activities, and 1% in tertiary activities.

Engi noted that these figures can be adjusted. Official newspapers will be published on August 25 this year.

Throughout 2021, Mexico grew by 5%, after declining in 2020 by 8.5%, as a result of closing activities due to the COVID pandemic, the largest economic decline since 1932.

AMLO assumes economic growth

president Andres Manuel Lopez Obrador It is assumed that in the first half of 2022, the Mexican economy grew by 2%, unlike in other countries where their economy is declining.

“There was economic growth for the second quarter, we have 2% growth, this semester compared to the previous one… We are recovering, we are moving forward,” he said in his morning conference.

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