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GDP in the second quarter of 2014 was slightly above expected, with a quarterly growth of 1.0%, driven mainly by the Services sector

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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

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).

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Report (PDF)

140821_FlashMexico_PIB2T14_esp Spanish August 21, 2014
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Report (PDF)

140821_FlashMexico_PIB2T14_eng English August 21, 2014
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Authors

Juan Carlos Rivas
Arnoldo López

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Mexico

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Macroeconomic Analysis

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