In the second quarter of 2017, the Mexican economy registered an acceleration of 0.40 p.p. in the y/y growth rate of GDP with respect to the previous quarter, presenting a growth rate of 3.23%. The industrial production index registered a y/y growth rate of -0.23%, after a reduction of 0.02 p.p. compared to the previous quarter. The unemployment rate increased in the second quarter of the year, recording a rate of 3.46%. The Mexican peso appreciated against the US dollar in this period, standing at an exchange rate of 18.56 MXN/USD. Inflation recorded an increase of 1.12 p.p. when compared to the first quarter of the year, standing at 6.10% in 2Q17.
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