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Has Mexico escaped recession? Second-quarter data will showReuters MEXICO CITY (Reuters) - Mexico will on Wednesday learn whether the country slipped into recession during the first half of 2019, in what would be a major blow to President Andres Manuel Lopez Obrador’s pledge to lift growth and confound critics of his economic policies.FILE PHOTO: Employees of NDP Technology, a private company specialised in PCB (Printed Circuit Board) assembly for different industries, works on a printed circuit board in Ciudad Juarez, Mexico June 3, 2019. REUTERS/Jose Luis Gonzalez/File PhotoThe national statistics agency will at 6 a.m. (1100 GMT) publish a preliminary estimate for gross domestic product (GDP) in the second quarter, following a January-March period in which the economy shrank 0.2% quarter-on-quarter.Monthly data showed the economy expanded by 0.1% in April and was flat in May, so June’s economic performance may be decisive in determining whether Mexico is in recession. Read more at: https://www.reuters.com/article/us-mexico-economy-gdp/has-mexico-escaped-recession-second-quarter-data-will-show-idUSKCN1UQ178
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