Mexico's Economic Activity Rises 2.1% In December

Mexico's economic activity in December annually rose 2.1% in real terms at an annual rate with seasonally adjusted series, the country's statistical authority announced Thursday.

The figure was higher than expectations of a 0.7% increase, after posting an annual gain of 2.7% in November.

Annually, secondary and tertiary activities increased 1.2% and 2.6%, respectively, while primary activities rose 2.7%, the National Institute of Statistics and Geography (INEGI) said in a statement.

Economic activity, however, did not show a monthly change in December, according to the INEGI.

Economic activity fell 0.5% in November, compared to the previous month. -