Exports in June have weaker growth in nine months

In June the exports of the country had a According to the seasonally adjusted data of the National Institute of Statistics and Geography ( Inegi ), annual growth is 5.5%, the lowest rate since last September (3.4%).

exports reached an amount of 37 thousand 484 million dollars.

The non-oil exports had a growth of 3.6%, while the oil companies by 4.1%, according to the institute.

the manufacturing sector contributed 33 thousand 197 million of total exports, led by automotive industry which exported a value of 21 thousand 143 million.

By area, exports to The United States grew by 2.8% annually, while rest of the world rose to 6.9%.

In this regard, Citibanamex analysts have stated that exports are growing but the imports have experienced an annual increase of 8%, reaching a value of 38 thousand 381 million dollars. .

By type of good, in imports of consumer goods there was an annual increase of 9.4%, one of 7.5 in that of intermediate goods and 9.8% cent in those of equipment goods .

With these figures, the trade deficit reached in June the 897 million dollars from the surplus of 0.8 million in May, while in the first 6 months of the year. year it accumulates 4.5 billion dollars.

CPR