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Mexico City.- Economic activity posted 6.2% year-to-year growth in February 2012, for the greatest advance in the last 12 years for a similar term, data from the Mexican Statistics Agency, Instituto Nacional de Estadística y Geografía (INEGI), show.
The positive rebound in the Economic Activity Global Indicator (EAGI) was greatly due to the leap year that gave February an extra day.
The result was a pleasant surprise for analysts, who had forecasted 5.5% growth in the also called monthly GDP. According to INEGI, the 3 major economic activities that make up the Indicator reported positive data.