Mexico | We estimate that services sector is likely to have helped activity to grow in May

Summary

Taking into account a monthly growth rate of 0.2%, the annual growth rate for the May series (sa) would be 2.3%. Within this indicator, we expect secondary sector activity to indicate a decrease of 0.4% MoM, sa, while the tertiary component should have grown by 0.4% MoM. Looking at the IGAE in its original terms, we estimate 2.0% annual growth rate for it in May

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