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Mexico’s economy comes back strong: it grows 12.1% in 2020’s third trimester

Despite the recession that began in 2019 and deepened with the onset of COVID-19, “this strong recovery is impulsed by external demand,” expressed Mexico’s Central Bank.

Mexico’s INEGI (National Institute for Statistics and Geography) explains this is possible due to the recovery of the manufacturing sector during 2020’s third trimester.

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Photo credit: Fernando Luna Arce / Forbes México