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Mexico Economy Dips in First Quarter, Stoking Recession Fear
Mexico’s economy shrunk in the first quarter in the latest economic setback for President Claudia Sheinbaum and despite her efforts to boost investment to stimulate growth. Gross domestic product fell 0.8% in the January-to-March period compared to the prior three months, the largest fall in a quarter since late 2024. The first quarter reading came in under the -0.6% median estimate in a Bloomberg survey, and down from the 0.9% growth the previous quarter, according to preliminary data published by the national statistics institute on Thursday. From a year ago, GDP was nearly flat, up only 0.1%, landing under the ... (full story)
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From finance.yahoo.com | Apr 30, 2026
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