Mexico's economy expands 6.8% y/y in August, estimate shows

MEXICO CITY, Sept 17 (Reuters) - Mexico's economy expanded by 6.8% in August compared to the same month last year, as the country continued a recovery from a slump induced by the coronavirus pandemic, a preliminary estimate from national statistics agency INEGI showed on Friday.

A breakdown of the agency's initial figures showed that secondary activities, which include manufacturing, increased by 4.1% from August 2020, while tertiary activities, which encompass the service sector, were up by 8.3%.

In July, Latin America's no. 2 economy grew by some 9.9% year-on-year, according to a preliminary estimate. A more detailed breakdown of economic activity in July is due to be published on Sept. 27, and for August on Oct. 25. (Reporting by Dave Graham Editing by Raissa Kasolowsky)

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