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Mexico's growth loses steam in fourth quarter

Monday, February 1, 2016

After an encouraging third quarter, Mexico’s economy lost steam again as the weak peso failed to give a much hoped for boost to the country’s manufacturing sector and low crude prices continued to batter the energy sector.

Gross domestic product grew 0.6 per cent in the last three months of 2015 from the previous quarter, according to preliminary figures released by country’s National Statistics Institute on Friday.

Source: fastFT