The Mexican economy contracted in the first quarter from the end of last year, a challenge for the six-month-old government of President Andrés Manuel López Obrador, who is aiming for growth to average 4% during his six-year term.Gross domestic product, a measure of output in goods and services, fell 0.2% in seasonally adjusted terms from the fourth quarter of 2018, the National Statistics Institute said Friday. The result was unchanged from the institute’s preliminary reading at the end of April.Industrial output fell 0.6%, while services contracted 0.2% and agricultural production rose 2.6% from the previous quarter.The statistics institute also revised down growth for the fourth quarter of 2018 to practically flat from 0.2%.
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