UPDATE 1-Mexican economic growth hits four-month high in August
(Updates with details from report)
MEXICO CITY Oct 26 (Reuters) - Mexico's economy grew in August at its fastest in four months, with services bouncing back from a dip, data from the national statistics institute showed on Monday.
Adjusted for seasonal swings, Mexico's economy expanded by 0.5 percent in August versus July, the strongest pace since April, the figures showed.
The data showed the services sector expanded by 0.4 percent compared with July, when it shrank.
Previously released data had already shown that Mexican industrial output expanded in August for the third month in a row, as a ramp-up in manufacturing and utilities offset slowdowns in construction and mining.
Compared with the same month a year earlier, Latin America's second-biggest economy expanded by 2.6 percent. That compared with a 2.38 percent rate estimated in a Reuters poll. (Reporting by Elinor Comlay; Editing by Lisa Von Ahn)
© Thomson Reuters 2016 All rights reserved.