:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/bloomberglinea/HFSDQBIKUJHY3O26VQRYIE2IMQ.jpg "Port of Mazatlan Ahead Of Trade Balance Figures.")
Bloomberg — Mexico’s trade deficit widened more than expected last month as the cost of imported fuel soared while consumer goods imports also jumped.
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The deficit reached $5.96 billion last month, more than the $5.0 billion median estimate of economists surveyed by Bloomberg. Imports increased 17% from a year earlier, the national statistics agency said Friday, driven up by a 64% increase in petroleum products. Exports rose 14% over the same period.
