Mexico's economy entered a mild recession during the first half of 2019 and...
MEXICO CITY - Mexico’s economy entered a mild recession during the first half of 2019 and was flat in the third quarter, revised data from the national statistics agency showed on Monday, handing a setback to the plans of President Andres Manuel Lopez Obrador.
A recession is usually defined by economists as two consecutive quarters of contraction in gross domestic product. Next year, the economy should bounce back somewhat, expanding by 1.1%, lifted by several factors including a recovery in oil and gas output, stronger construction activity, wage gains and a pick-up in public sector spending, he said.
The veteran leftist took office in December 2018 pledging to ramp up growth to 4% per year. Instead the economy has slowed, and he has sought to deflect criticism by saying poorer parts of Mexico have benefited more from his policies.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
The Best Cars, Trucks And SUVs At The 2019 Los Angeles Auto ShowSee the most-anticipated new vehicles at the LA Auto Show, including the 2020 Corvette and the Tesla Cybertruck.
Consulte Mais informação »
The RAM 1500 pickup truck is Business Insider's 2019 Car of the YearIt bested some serious competition, including the Lamborghini Urus, Nissan Leaf SL Plus, Cadillac XT4, Mercedes A220, and Porsche Cayenne.
Consulte Mais informação »
2019 American Music Awards: See All the Red Carpet ArrivalsThe biggest names in music hit the red carpet in Los Angeles on Sunday!
Consulte Mais informação »
The Good, The Bad & The WTF: Every Must-See Look from the 2019 American Music AwardsTaylor Swift attends the 2019 American Music Awards at Microsoft Theater on November 24, 2019 in Los Angeles, California.
Consulte Mais informação »
2019 American Music Awards Photos: Backstage, Performances & MoreTake a look at the performance photos, backstage moments & more from the 2019 AMAs 📸
Consulte Mais informação »