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Mexico’s GDP grows over G20

Admin | 17.12.2012

The Mexican economy posted 3.3% growth per annum in the third quarter of 2012, which put it above the average of G20 countries.

The Mexican economy posted 3.3% growth per annum in the third quarter of 2012, which put it above the average of G20 countries.

According to a report from the Organization for Economic Cooperation and Development (OECD), the countries members of G20 posted 2.6% average Gross Domestic Product increase in July-September quarter.

Mexico therefore stood out among the economies with the largest dynamism in their production activity by ranking third, only after the 7.4% increase posted by China and Indonesia’s 6.2%.

Mexico had a better performance even than the United States, which barely reached 2.6% advance in GDP, or Brazil’s, which has lately been a benchmark and only expanded 1%.

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