Mexican GDP Grows More Than Expected In Q2

(RTTNews) - Mexico's gross domestic product increased more than expected in the second quarter, data released by statistical office INEGI showed Thursday.

The nominal gross domestic product (GDP), at market prices, increased 8.9 percent year-on-year in the second quarter. Economists were expecting a 7.7 percent growth.

The contribution to the total GDP from primary activities, comprising agriculture, livestock, forestry and game, was 4.2 percent during the quarter. Secondary activities generated a GDP equivalent to 36.2 percent of the overall GDP. At the same time, tertiary activities accounted for the 61.4 percent of the overall GDP.
In real terms, the gross domestic product grew 3.3 percent on an annual basis in the second quarter.

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