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MEXICO CITY—Mexico’s financial output suffered its steepest drop on file in the second quarter as shutdowns to gradual the unfold of the coronavirus introduced many factories and providers to a standstill.

Gross home product, a broad measure of output in items and providers, contracted 17.3% in seasonally adjusted phrases from the primary quarter, and was down 18.9% from the second quarter of 2019, the National Statistics Institute mentioned Thursday.

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