Mexico's economy grows by 4% in Q3

Mexico’s economy grows by 4% in Q3

Mexico's economy grew by about 4% in the third quarter as its export-led recovery accelerated following a three-year slump. The growth was in line with the estimate made by Central bank a month ago, but below market expectations. Mexico's economy rose by 3.7% in the first quarter and 3.9% in the second quarter. For the full year, economy is expected to grow by 4%. Certain economists worry that Mexico's economy may slow toward the end of the year if US manufacturing activity weakens.