In the fourth quarter of 2022, the mexican economy grew up 3.6 percent compared to the same period last yearaccording to National Institute of Statistic and Geography (Inegi).
The impulse of Gross domestic product (PIB) specimen mainly of the primary sectorrelated to the field activitiesfrom which a growth of 6.3 percent Yearly.
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The data reported by the agency was above the estimate of analysts consulted by citibanamexwho estimated a three percent growth in 2022.
Similarly, it exceeded the expectation of 2.4 percent raised by the Secretariat of Finance and Public Credit (SHCP).
By disclosing the timely estimate of the GDPthe Inegi stressed that the third sector was another of the items with the best dynamism last year, since it registered a rise of 3.6 percent.
For their part, the industrial or secondary activities they only grew three percent compared to 2021according to the institute headed by Graciela Márquez.
Yesterday, Gabriel Yorio González, undersecretary of Haciendaassured that at least until November the country had a cumulative growth of 2.9 percentderived from a economic recovery better than expected.
In a press conference, the official stated that the analyst forecasts far from the reality observed by investorsfor which it also ruled out that the dependency modified its growth estimates for 2023.
“Once again, an unusual divergence has been detected between what analysts perceive, and the reality perceived by decision makers of investment in our countryin such a way that the growth is turning out above what most of the analyst consensus has”, reiterated Yorio González.
For this year, the SHCP The economy is expected to grow by up to three percent, as a result of a greater dynamism of the foreign tradeas well as for the investments in infrastructure projects in the country.
In the quarterly comparison of GDPthe Inegi reported that the Mexican economy grew 0.4 percent at the end of 2022.
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It is growth was the consequence of a two percent rise in the primary sectorwhile the secondary and tertiary activities they grew 0.4 and 0.2 percent, respectively.
