Mexico’s economy ekes out 0.1% growth in 4th quarter, posts development of 3.1% for 2023

Preliminary figures program Mexico’s economy hardly eked out a 0.1% boost in the 4th quarter, taking approximated development for 2023 to 3.1%

ByThe Associated Press

January 30, 2024, 3: 44 PM

FILE - Construction workers ride on a beam hanging from a crane at the construction site of a residential high rise building in Mexico City, June 17, 2022. Mexico's economy barely eked out a 0.1% increase in the fourth quarter, bringing estimated growth for 2023 to 3.1%, according to preliminary figures published Tuesday, Jan. 30. 2024, by Mexico’s National Statistics Institute. (AP Photo/Marco Ugarte, File) — FILE – Construction employees trip on a beam hanging from a crane at the building website of a domestic high increase structure in Mexico City, June 17,2022 Mexico’s economy hardly eked out a 0.1% boost in the 4th quarter, taking approximated development for 2023 to 3.1%, according to initial figures released Tuesday, Jan.30 2024, by Mexico’s National Statistics Institute. (AP Photo/Marco Ugarte, File)

The Associated Press

MEXICO CITY — Mexico’s economy hardly eked out a 0.1% boost in the 4th quarter, taking approximated development for 2023 to 3.1%, according to initial figures released Tuesday by Mexico’s National Statistics Institute.

The institute stated that services innovative 0.1% in the 4th quarter, farming output decreased by the verysame quantity and production stayed thesame.

Inflation