INEGI PRELIMINARY INDICATOR • Economics and Finance • Forbes Mexico

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The country’s economic activity grew 0.7% in April in relation to the month of the previous year, according to the preliminary figures issued Monday by the National Institute of Statistics and Geography (INEGI).

Compared to the previous month, the economy would have remained stable, according to the Inegi

In addition, according to the timely indicator of economic activity (IOAE), it emphasizes that, for large activity sectors of the global indicator of economic activity (IGAE), it estimates an annual decrease of 0.8 percent in sectors dedicated to mining, manufactures, construction and electricity.

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The IOAE in advance the performance of the economy before the publication of the IGAE General Index, a monthly GDP referential.

On May 22, Inegi will announce the global indicator of the economic activity of March, which projected in an annual contraction of 0.2 percent without changes at monthly rate.

With Reuters information

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