Mexico's economic activity in April annually rises 0.9%

Figure, however, posts 0.6% decrease on monthly basis

By Ovunc Kutlu

ISTANBUL (AA) - Mexico's economic activity in April rose 0.9% in real terms at an annual rate with seasonally adjusted series, the country's statistical authority announced Friday.

The figure showed a slowdown from the year-on-year increase of 3.3% recorded in March.

Annually, secondary and tertiary activities increased 0.6% and 1.3%, respectively, but secondary activities fell 1%, the National Institute of Statistics and Geography (INEGI) said in a statement.

On a monthly basis, however, economic activity posted a 0.6% decrease in April compared to the previous month.

That figure showed a monthly increase of 0.3% in March.

While primary activities declined 2.5%, secondary and tertiary activities fell 0.5% and 0.6% at a monthly rate, respectively.

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