The Mexican economy expanded less than initially estimated in the second quarter, the latest data from the National Institute of Statistics and Geography, or INEGI, showed on Friday.Gross domestic product advanced a seasonally adjusted 0.6 percent sequentially, faster than the 0.3 percent rebound in the first quarter. In the flash estimate, the rate of increase was 0.7 percent.The growth was large...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.