Mexico: Economic activity rebounds in November
Latest reading: The monthly indicator for economic activity (IGAE) expanded 0.4% month-on-month in seasonally adjusted terms in November (October: -0.7% mom). The reading reflected a broad-based upturn, with activity in the services, industrial and primary sub-sectors all improving in November.
On an annual basis, economic activity increased 0.5% in November, which was below October’s 0.8% expansion.