Economics: GDP: 2014 and Beyond

MEXICO - Report 24 Feb 2015 by Mauricio González and Ernesto Cervera
Executive Summary Mexico’s National Statistics Office (Inegi) reported that Gross Domestic Product increased 2.6% in the last quarter of 2014 compared to the same quarter a year earlier and 0.7% compared to the third quarter of 2014. For full-year 2014 GDP grew 2.1%; these are the same results that GEA had been forecasting in recent weeks. GDP grew 2.8% in the case of the primary sector, based on gains of 3.1% in its agricultural subsector and 2.1% in livestock. Secondary GDP increased 1.9% and that of the tertiary sector advanced 2.2% during that same 12-month period. Among secondary GDP c...

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