Mexico's economy grows 1.4% in Q2 from previous quarter

In annual terms, Latin America's second-largest economy expanded 2.1% in the second quarter, the statistics agency said.

Mexico's economy grew 1.4% in the second quarter from the previous three-month period, national statistics agency INEGI said on Monday, rebounding from a revised 0.3% contraction in the first quarter.

All three main sectors tracked by INEGI posted growth during the period, with primary activities — which include farming, fishing and mining — leading the way with a 2.4% expansion.

Growth, however, was slightly below INEGI's preliminary estimate of 1.5% published last month.