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Mexico’s economic growth likely slowed a touch in Q1

Mexico's activity data indicate that a contraction in the mining sector, coupled with a downturn in manufacturing on the back of weakness in the US, held back Mexico's economy in Q1 (14.00 BST). Capital Economics says - …

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Mexico's activity data indicate that a contraction in the mining sector, coupled with a downturn in manufacturing on the back of weakness in the US, held back Mexico's economy in Q1 (14.00 BST). 

Capital Economics says - "GDP growth slowed a touch to 2.5% y/y in the first quarter, from 2.6% y/y in Q4 of last year. In seasonally adjusted terms, this would be consistent with a 0.4% q/q rise in output, down from 0.7% q/q in Q4."

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