
The economy grew by about 0.8 percent from the prior quarter.

The economy grew by about 0.8 percent from the prior quarter.

Earlier on Friday, the central bank sold US$200 million in two auctions.

The Mexican central bank governor said an expected acceleration in the U.S. economy should fuel a pick-up in Mexican exports.

he central bank said it was raising interest rates even though inflation was at a record low because the Fed had hiked by a quarter percentage point.

Analysts and officials said Tuesday the problem has broken out into the open.

Mexico has been hit by a decade-long slump in oil production and a plunge in prices, despite a landmark opening of the sector to private investment.

Industrial output, which includes manufacturing, construction, utilities, as well as mining and oil output, expanded by 0.8 percent in the third quarter compared to the second.

Mexico's Cemex operates in 50 countries and much of its income is in currencies that have sank against the dollar this year

The finance ministry expects the economy to grow around 2.4 percent this year.
Penny Pritzker started her visit with a stop at the Mariel free trade zone.