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Mexico economy shrinks for first time in three years

Tuesday, August 23, 2016


Mexico's economy took a turn for the worse at a time when the entire country is closely watching the U.S. elections.

The economy shrank for the first time in three years in the second quarter. Even though Mexico's economy only contracted 0.2 percent from the previous quarter, any drop is a shock for a country that many experts consider a success in a troubled region.

Source: CNN Money