{"id":62,"date":"2023-06-27T21:02:25","date_gmt":"2023-06-27T21:02:25","guid":{"rendered":"https:\/\/polanco420.com\/?p=62"},"modified":"2023-06-27T21:02:25","modified_gmt":"2023-06-27T21:02:25","slug":"mexicos-economy-exceeded-growth-forecast-in-april","status":"publish","type":"post","link":"https:\/\/polanco420.com\/?p=62","title":{"rendered":"Mexico\u2019s economy exceeded growth forecast in April"},"content":{"rendered":"<div class=\"td_block_wrap tdb_single_featured_image tdi_124 tdb-content-horiz-left td-pb-border-top td_block_template_1\" data-td-block-uid=\"tdi_124\">\n<div class=\"tdb-block-inner td-fix-index\">\n<figure><a class=\"td-modal-image\" href=\"https:\/\/mexiconewsdaily.com\/wp-content\/uploads\/2023\/06\/shutterstock_2252737949_850.jpg\" data-caption=\"The national statistics agency INEGI reports that economic activity grew 0.8% from March to April, the best month-on-month growth for over a year. (Shutterstock)\"><img fetchpriority=\"high\" decoding=\"async\" class=\"entry-thumb td-animation-stack-type0-2\" title=\"shutterstock_2252737949_850\" src=\"https:\/\/mexiconewsdaily.com\/wp-content\/uploads\/2023\/06\/shutterstock_2252737949_850-696x464.jpg\" sizes=\"(max-width: 696px) 100vw, 696px\" srcset=\"https:\/\/mexiconewsdaily.com\/wp-content\/uploads\/2023\/06\/shutterstock_2252737949_850-696x464.jpg 696w, https:\/\/mexiconewsdaily.com\/wp-content\/uploads\/2023\/06\/shutterstock_2252737949_850-300x200.jpg 300w, https:\/\/mexiconewsdaily.com\/wp-content\/uploads\/2023\/06\/shutterstock_2252737949_850-768x512.jpg 768w, https:\/\/mexiconewsdaily.com\/wp-content\/uploads\/2023\/06\/shutterstock_2252737949_850-150x100.jpg 150w, https:\/\/mexiconewsdaily.com\/wp-content\/uploads\/2023\/06\/shutterstock_2252737949_850.jpg 850w\" alt=\"Workers on Maya Train\" width=\"696\" height=\"464\" \/><\/a><figcaption class=\"tdb-caption-text\">The national statistics agency INEGI reports that economic activity grew 0.8% from March to April, the best month-on-month growth for over a year. (Shutterstock)<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<div class=\"td_block_wrap tdb_single_post_share tdi_125  td-pb-border-top td_block_template_1\" data-td-block-uid=\"tdi_125\">\n<div id=\"tdi_125\" class=\"td-post-sharing tdb-block td-ps-bg td-ps-notext td-post-sharing-style1 \">\n<div class=\"td-post-sharing-visible\">\n<div class=\"td-social-sharing-button td-social-sharing-button-js td-social-handler td-social-share-text\">\n<div class=\"td-social-but-icon\"><\/div>\n<div class=\"td-social-but-text\">Share<\/div>\n<\/div>\n<div class=\"td-social-but-icon\"><\/div>\n<div class=\"td-social-but-icon\"><\/div>\n<div class=\"td-social-but-icon\"><\/div>\n<div class=\"td-social-but-icon\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"vc_row_inner tdi_127  vc_row vc_inner wpb_row td-pb-row\">\n<div class=\"vc_column_inner tdi_129  wpb_column vc_column_container tdc-inner-column td-pb-span12\">\n<div class=\"vc_column-inner\">\n<div class=\"wpb_wrapper\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"td_block_wrap tdb_single_content tdi_130 td-pb-border-top td_block_template_1 td-post-content tagdiv-type\" data-td-block-uid=\"tdi_130\">\n<div class=\"tdb-block-inner td-fix-index\">\n<p>Mexico in April recorded its strongest month-over-month economic growth in more than a year, official data shows.<\/p>\n<p>The national statistics agency INEGI reported Monday that the Global Indicator of Economic Activity (IGAE), which measures gross domestic product on a monthly basis, increased 0.8% in April compared to the previous month.<\/p>\n<figure id=\"attachment_223839\" class=\"wp-caption alignnone\" aria-describedby=\"caption-attachment-223839\"><img decoding=\"async\" class=\"size-full wp-image-223839 td-animation-stack-type0-2\" src=\"https:\/\/mexiconewsdaily.com\/wp-content\/uploads\/2023\/06\/set-agriculture.jpeg\" sizes=\"(max-width: 850px) 100vw, 850px\" srcset=\"https:\/\/mexiconewsdaily.com\/wp-content\/uploads\/2023\/06\/set-agriculture.jpeg 850w, https:\/\/mexiconewsdaily.com\/wp-content\/uploads\/2023\/06\/set-agriculture-300x175.jpeg 300w, https:\/\/mexiconewsdaily.com\/wp-content\/uploads\/2023\/06\/set-agriculture-768x449.jpeg 768w, https:\/\/mexiconewsdaily.com\/wp-content\/uploads\/2023\/06\/set-agriculture-150x88.jpeg 150w, https:\/\/mexiconewsdaily.com\/wp-content\/uploads\/2023\/06\/set-agriculture-696x407.jpeg 696w\" alt=\"\" width=\"850\" height=\"497\" \/><figcaption id=\"caption-attachment-223839\" class=\"wp-caption-text\">Economic activity in the primary sector (including agriculture) increased 1.2% from March to April. (Secretar\u00eda de Trabajo)<\/figcaption><\/figure>\n<p>It was the best result since March 2022, following a 0.2% month-over-month contraction in March. The 0.8% growth figure easily exceeded the expectations of analysts from Citibanamex, who forecast a 0.4% month-over-month increase.<\/p>\n<p>Seasonally adjusted figures show that primary sector economic activity increased 1.2% in April compared to March, secondary sector activity grew 0.4% and tertiary sector activity expanded 1%.<\/p>\n<p>The annual increase on the IGAE based on seasonally adjusted figures was 3.3%, INEGI said.<\/p>\n<p>Andr\u00e9s Abadia, chief Latin America economist at the U.K.-based Pantheon Macroeconomics, attributed the strong economic result in April to a range of factors, including the\u00a0<a href=\"https:\/\/mexiconewsdaily.com\/business\/unemployment-q1-2023-decreased-lowest-on-record\/\">strength of the labor market<\/a>, the\u00a0<a href=\"https:\/\/mexiconewsdaily.com\/news\/inflation-5-18-first-half-june\/\">decline in inflation<\/a>, the federal government\u2019s welfare spending and the growing\u00a0<a href=\"https:\/\/mexiconewsdaily.com\/community\/will-nearshoring-live-up-to-hype-mexican-economy\/\">nearshoring<\/a>\u00a0phenomenon.<\/p>\n<figure id=\"attachment_218035\" class=\"wp-caption alignnone\" aria-describedby=\"caption-attachment-218035\"><img decoding=\"async\" class=\"size-full wp-image-218035 td-animation-stack-type0-2\" src=\"https:\/\/mexiconewsdaily.com\/wp-content\/uploads\/2023\/05\/FgG75L-X0AQWAHH.jpg\" sizes=\"(max-width: 850px) 100vw, 850px\" srcset=\"https:\/\/mexiconewsdaily.com\/wp-content\/uploads\/2023\/05\/FgG75L-X0AQWAHH.jpg 850w, https:\/\/mexiconewsdaily.com\/wp-content\/uploads\/2023\/05\/FgG75L-X0AQWAHH-300x201.jpg 300w, https:\/\/mexiconewsdaily.com\/wp-content\/uploads\/2023\/05\/FgG75L-X0AQWAHH-768x514.jpg 768w, https:\/\/mexiconewsdaily.com\/wp-content\/uploads\/2023\/05\/FgG75L-X0AQWAHH-150x100.jpg 150w, https:\/\/mexiconewsdaily.com\/wp-content\/uploads\/2023\/05\/FgG75L-X0AQWAHH-696x466.jpg 696w\" alt=\"The Yinlun Salinas Cruz factory under construction in 2022\" width=\"850\" height=\"569\" \/><figcaption id=\"caption-attachment-218035\" class=\"wp-caption-text\">A factory in Salinas Victoria, Nuevo Le\u00f3n \u2013 seen here under construction in 2022 \u2013 is part of a wave of nearshoring by manufacturers looking to strategically access the North American market. (Hofusan Industrial Park\/Twitter)<\/figcaption><\/figure>\n<p>\u201cThese drivers [of economic growth] have completely offset the impact of tighter financial conditions and the weakening of external demand,\u201d he said.<\/p>\n<p>The publication of the final economic data for April comes a week after INEGI released preliminary figures for May showing month-over-month and annual growth of 0.1% and 2.5%, respectively.<\/p>\n<div class=\"code-block code-block-2\">\n<div id=\"unit-1666901193398\" class=\"tmsads\" data-google-query-id=\"CPG8icCs5P8CFUU-swAdEiIPjg\">\n<div id=\"google_ads_iframe_\/22864350241\/RON\/Ron_In_Content_3_0__container__\"><iframe id=\"google_ads_iframe_\/22864350241\/RON\/Ron_In_Content_3_0\" tabindex=\"0\" title=\"3rd party ad content\" role=\"region\" name=\"google_ads_iframe_\/22864350241\/RON\/Ron_In_Content_3_0\" width=\"728\" height=\"90\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" aria-label=\"Advertisement\" data-load-complete=\"true\" data-google-container-id=\"4\" data-mce-fragment=\"1\"><\/iframe><\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/mexiconewsdaily.com\/news\/mexicos-final-gdp-growth-figure-for-2022-at-3-1\/\">Mexico\u2019s economy grew 3.1% in 2022<\/a>, while President L\u00f3pez Obrador recently asserted that GDP will expand by 4% this year. Earlier this month, the World Bank\u00a0<a href=\"https:\/\/mexiconewsdaily.com\/business\/world-bank-mexico-growth-forecast-2-5\/\">updated its 2023 growth forecast<\/a>\u00a0for the Mexican economy to 2.5%, a significant improvement from the 0.9% prediction it made in January.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The national statistics agency INEGI reports that economic activity grew 0.8% from March to April, the best month-on-month growth for over a year. (Shutterstock) Share Mexico in April recorded its strongest month-over-month economic growth in more than a year, official data shows. The national statistics agency INEGI reported Monday that the Global Indicator of Economic [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[100],"tags":[102],"class_list":["post-62","post","type-post","status-publish","format-standard","hentry","category-english-news","tag-mexicos-economy-exceeded-growth-forecast-in-april"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mexico\u2019s economy exceeded growth forecast in April - Polanco420.com - Comprar Marihuana 420 Polanco CDMX - Envios a todo Mexico - Whatsapp: 00528135669557 \u2013 Eva Whatsapp Secundario : 00528132769756 Mike -<\/title>\n<meta name=\"description\" content=\"Mexico\u2019s economy exceeded growth forecast in April\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/polanco420.com\/?p=62\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mexico\u2019s economy exceeded growth forecast in April - 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