Mexico grows faster than the forecasters thought

Mexico's economy had a stronger summer than the experts predicted. Preliminary figures show output grew 0.9% in the July-to-September quarter, beating the 0.7% forecast in a Reuters poll, and 3.2% compared with a year earlier — well above the 2.5% expected. Services led with 1.1% growth, industry added 0.8%, and Pantheon Macroeconomics' chief Latin America economist Andres Abadia said the numbers confirm momentum 'extends beyond the temporary boost from the FIFA World Cup'. For workers and shopkeepers across Latin America's second-largest economy, a forecast beaten is not an abstraction — it is orders, shifts and wages holding up.

SDG 8 · Decent work and economic growth