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  • The Mexican economy, hit hard by the COVID-19 pandemic, fell 17.3 percent in the second quarter, its biggest recorded decline, according to National Statistics Institute (INEGI) data released Thursday. Gross Domestic Product (GDP) "decreased (-) 17.3 percent in real terms in the April-June 2020 quarter compared to the previous quarter, with figures adjusted for seasonality," said a statement from INEGI. Mexico has the fourth-highest number of coronavirus deaths in the world, after the United States, Brazil and Britain, with over 45,000 recorded deaths since its first case was reported in late February. sem/ll/bgs/jm
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  • Mexico GDP slumps 17% on virus impact
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