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Mexican Economy Rebounds, Peruvian Infrastructure Momentum
In April, the Global Indicator of Economic Activity (IGAE) showed annual economic activity growth of 2.3% (compared with 1.4% in March), based on original figures—its strongest growth in a year. By component (chart 1), primary activities grew 4.4%. Industrial activity broke its negative trend from the previous three months and grew 2.3%, while public services declined only -0.4%. Services expanded 2.2%, driven by wholesale trade (10.6%) and health and social assistance services (3.5%). On a seasonally adjusted monthly basis, the IGAE increased 1.4% (vs. 0.1% previously), with gains in industrial activities (2.1%) ... (full story)
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- Jun 23, 2:30pm | 3 hr ago Posted byFundamental Analysis43
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