Mexican finance ministry says economy weathered global uncertainty in first quarter
ReutersApr 30, 2025 5:55 PM
MEXICO CITY, April 30 (Reuters) - Mexico's finance ministry said on Wednesday that solid employment, slowing inflation, and foreign investment helped mitigate the effects of global uncertainty on the Mexican economy during the first quarter.
In a statement, the ministry also said oil income fell 13.8% year-on-year in the quarter in real terms due to currency fluctuations, production volumes, and the price of natural gas.
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