Service sector growth 5.7% in March

sector servicios

The services sector grew 5.7% annual rate in March, linking 15 months upwards.

The services sector grew 5.7%, the personnel employed in the sector 0.6% and expenditure on consumption of goods and services 5.6%.

Mexico City, May 26, 2015.- In March 2015 the aggregate of the income from the provision of private non-financial services index, which accounts for the evolution of the resources generated by the companies that offer them, grew 5.7% compared to the same month last year, bringing league 15 months at an annual rate upward.

The National Institute of Statistics and Geography (INEGI) reported that in the reference month increased personnel employed 0.6%, while the rate of expenditure by consumption of goods and services did so by 5.6%.

He explained further that the indicator of the total remuneration fell 1.4% in the third month of this year.

The agency stated that according to seasonally adjusted figures, during March revenue from the provision of private non-financial services decreased 1.6% from the previous month, after two months of consecutive increases.

According to the results of the Monthly Survey of Services (EMS), adding that in the reported month employed persons decreased 1.1%, expenses for consumption of goods and services fell by 4.4%, while the total remuneration observed a decrease of 0.6%.

Mexican Business Web

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