Lower commercial sales and services made the economic activity in may in Mexico slow down, after two months of progress.
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In the fifth month of this year, the trade sector and services fell 0.2% compared to April while production in industries increased just 0.1%.
Food production of fruits, vegetables and meats and other livestock products rose 2.2%.
— INEGI INFORMS (@INEGI_INFORMA) July 25, 2022
At an annual rate, the Global Indicator of Economic Activity it rose 2.1% in May compared to the same month of 2021.
The IGAE allows knowing and monitoring the evolution of the real sector of the economy in the short term and provides valuable information for the decision making.
With information from Guadalupe Flores