Tuesday , June 22 2021

Chile leads growth of Pacific Alliance countries in the third quarter of 2018

F & # 39; half of scenery & # 39; weak exports, the Gross Domestic Product (GDP) of the countries that make up the Pacific Alliance, Mexico, Colombia, Chile and Peru, declined in the third quarter, however, that with better performance in the period.

On Monday, the Central Bank reported that the Gross Domestic Product (GDP) of Ċilit fell in & # 39; July to September, registered expansion & # 39; 2.8%, compared with & # 39; increases & # 39; 4.5% and 5.4% recorded in the second quarter and, respectively.

The figure was favored by the positive performance of the investment, which grew by & # 39; rate & # 39; 7.1%, its highest level since the second quarter of 2013, and partly ikkuntrasta brake the export.

Meanwhile, this week the Mexico National Institute of Statistics and Geography (endless) reported that the economy increased 2.5% in & # 39; July and September compared with the same 2017 period, slightly lower from 2.6% in the second quarter, which was driven growth & # 39; 3.2% of the tertiary sector, which represents 60% of GDP, which includes retail and services.

The period was marked by the end of & # 39; uncertainty regarding the renegotiation of the Free Trade Agreement & # 39; North America & # 39; America (NAFTA) and the first announcements, already the future president of Mexico, a & # 39; Andrés Manuel López Obrador, December 1

In the case of Peru, National Institute of Statistics and Informatics (INEI) reported that the economy grew 2.3% in the third quarter, a figure that represented a decrease compared with the first and the expansions second quarters, and 5.5%, respectively.

As in the case of Mexico, the increase was explained by the favorable performance of private consumption and investment, among exports weakening.

For its part, the last week the National Department of Statistics (DANE) reported that Colombia's economy grew 2.7% annually in the third quarter, a figure below 2.8% in & # 39; April- June, and average market expectations, but showed recovery & # 39; sectors were contracting.

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