Mexican Economy Registers Zero Growth in Q2

Stagnant economy just the latest bleak economic news worldwide

Image Credits: flickr, danmoyle.

Mexico registered zero economic growth in the second quarter, according to revised data released Friday, meaning that Latin America’s second-biggest economy dodged a recession even more narrowly than previously thought.

“Gross domestic product (GDP)… registered no change in real terms in the second quarter of 2019,” Mexico’s official statistics institute, INEGI, said in a statement.

INEGI had initially said in July that GDP expanded by 0.1 percent in the period from April to June.

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