mexico city jan 20 reuters  mexicos economy is slowing bank of mexico deputy governor jonathan heath said on friday after official data showed economic activity shrank in november and december economic activity in latin americas secondlargest economy slipped 04 in december from november and contracted 01 in november from october in seasonallyadjusted terms according to a preliminary estimate from national statistics agency inegi assuming this is the case and that we dont have revisions to previous months or quarters gdp in the fourth quarter will have grown 04 representing a slowdown throughout the year heath said on twitter it is clear that we are facing a slowdown in economic activity heath said the data from inegi also showed that economic activity likely grew by 27 in the 12 months through december and by 41 in the 12 months through november reporting by anthony esposito editing by steven grattan and paul simao