Searcher

Published on Friday, January 29, 2021 | Updated on Saturday, January 30, 2021

Mexico | GDP grows 13% at an annualized rate in 4Q20

Economic activity showed a favorable evolution in 4Q20, with positive performances in all its components, except for the primary sector. Vaccines essential factor for recovery in 2021.

Key points

  • Key points:
  • Industry and services registered positive performance in the quarter, with growth of 13.9% and 12.6% at an annualized rate, respectively
  • The closure of non-essential activities in various states of the country points to a weakening of consumption in 1Q21
  • The speed in the administration of the vaccines will determine the speed of recovery of the internal demand forward

Geographies

Topics

Has this information been useful?

New comment

Be the first one to add a comment

Load more

You may also be interested in