GDP in the second quarter of 2014 was slightly above expected, with a quarterly growth of 1.0%, driven mainly by the Services sector
Published on Thursday, August 21, 2014
GDP in the second quarter of 2014 was slightly above expected, with a quarterly growth of 1.0%, driven mainly by the Services sector
Summary
According to INEGI, the quarterly growth rate (QoQ) of the second quarter of 2014 (2Q14) GDP was 1.04%, seasonally adjusted (sa), equivalent to an annual growth (YoY) 2.73%. This expansion was slightly above our estimates and the market (BBVA Research: 0.85% QoQ; Consensus: 0.80% QoQ).
Geographies
- Geography Tags
- Mexico
Topics
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- Macroeconomic Analysis
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Authors
Juan Carlos Rivas
Arnoldo López
Documents and files
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