© Reuters. FILE PHOTO: A view of Mexico city’s skyline during a sunset October 17, 2011. REUTERS/Carlos Jasso/File Photo
(Reuters) – Mexico’s economy grew 0.9% in the third quarter from the previous three-month period, boosted mainly by the primary sector, national statistics agency INEGI said on Friday.
The quarterly growth, Mexico’s third in a row, came in slightly below market expectations, which stood at 1.0%, according to a Reuters poll of economists.
Preliminary data published by INEGI late last month had also pointed to a 1.0% expansion in the three months to September.
Repeating a trend seen in the previous quarter, Latin America’s second-largest economy posted across-the-board growth in the period, with primary, secondary and tertiary sectors growing 2%, 0.6% and 1.1%, respectively.
In annual terms, the economy expanded 4.3% compared to a year earlier, INEGI said, beating expectations of 4.1% growth from economists polled by Reuters.
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