Mexican Economy Grows at Fastest Pace in Six Months Reuters
go to original July 26, 2013

MEXICO CITY - Mexico's economy expanded in May by the most in six months, helped by strength in the industrial sector, and partially making up for April's slump in Latin America's no. 2 economy.

Mexico's monthly gross domestic product proxy rose by 0.45 percent in May compared with the prior month, rebounding from an upwardly revised 0.71 percent contraction in April, the national statistics agency said on Thursday.

Industry posted a 1.39 percent month-on-month rise, its fastest pace since June, 2012, while the services sector grew by 0.34 percent from a 0.54 percent contraction in the previous month.

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