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22.08.2016 16:39:43
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Mexican Economy Contracts In Q2
(RTTNews) - Mexican economic growth contracted in the second quarter, final data from national statistics agency INEGI showed Monday.
Real GDP fell a seasonally adjusted 0.2 percent on the second quarter, slightly better than the preliminary estimate of 0.3 percent decline. First quarter growth was revised down to 0.5 percent.
On year, the economy expanded 2.5 percent, following a 2.4 percent growth in first quarter. The figure also beat initial reading of 2.4 percent expansion.
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