translated from Spanish: GDP registers fall in the first quarter of 2019, the first in 9 months

Mexico’s gross domestic product (GDP) recorded a decline of 0.2% in the first quarter of 2019, the first registered in relation to the previous three quarters.
According to the measurement of the Inegi, compared to the previous month, the GDP of the secondary activities decreased 0.6% and that of the tertiary 0.2%, whereas the one of the primaries increased 2.6% in the quarter January-March of this year compared to the previous quarter.
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In his morning conference this Friday, President Andrés Manuel Lopez Obrador commented that despite this fall will not prevent the economic growth of 2% that provides for its administration for 2019.
“Let’s wait, we’ll wait (…) There is still time and there is, on the other hand, good news, investment is growing (…) We have strength in our currency, we appreciate the weight more than other currencies in the world, strengthens the weight, and there is stability in inflation and there will be more growth , there will be much more growth, “said the president.
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Despite the decrease, Inegi highlights that during this first quarter of 2019, GDP recorded a real increase of 1.2% compared to the same period of 2018. 
“This data was slightly below the estimated by market analysts, who expected a growth of 1.4%,” says Inegi.
 
With information from Notimex. 
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Original source in Spanish