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Mexico: Merchandise trade deficit widens in September
Latest reading: In September, the trade balance was USD -2.4 billion, following a USD -1.9 billion reading in the previous month. Over the last 12 months, the trade balance summed to USD -2.0 billion.
Exports rose 13.8% in year-on-year terms in September, coming on the back of 0.1% growth in the prior month and driven by higher sales of mining and manufactured goods—excluding vehicles. Imports were up 15.2% in year-on-year terms in September, following a 0.1% fall in the previous month.
