Among the Latin American countries, the Mexican economy has shown since the late 1990's one of the lowest rates of economic growth. This is perplexing, because of the persistency of the stagnation tendencies, and because of the rapid growth shown by its exports, especially to the US, th...
Mexico's economic activity will return to its pre-pandemic levels in 2023, but at a slower pace than other regional counterparts, according to Fitch. The Mexican economy, the second largest in Latin America after Brazil, depends largely on the economic cycles of its neighbor and main business ...
Construction was a breakout sector, jumping from 2.9% in 2022 to 15.6% annual growth in 2023. The impact of that one sector alone was considerable: If construction had grown at its historical rate of 1% per year, overall GDP growth would have been close to 2.4% instead of the 3.2% obser...
MEXICO CITY, March 2 (Xinhua) -- The central bank of Mexico (Banxico) on Wednesday cut its economic growth forecast for 2022, citing the persistent uncertainty resulting from the COVID-19 pandemic. Banxico lowered the expected growth of the gross domestic product from 3.2 percent to 2.4 percen...
The main driver of domestic growth in 2024 will be public and private consumption, particularly by lower income households. The 2024 Public Sector Economic Package foresees a material boost in public spending directed at consumption, coming on top of strong remi...
The economic outlook is optimistic, the analysts added, which "should be enough to remove one more fear from investors." Ratings agencies should react to the news in the next week, the CIBanco analysts said, with an outlook downgrade from Fitch possible. ...
The IMF added output would slow further in 2023, growing at 1.3%. See bottom table for data on the main Latin American economies’ GDP growth and inflation forecasts. Meanwhile, Brazil’s economic performance has outpaced all forecasts in 2024, at ho...
Total population of Mexico 2029 Population growth in Mexico 2023 Fertility rate in Mexico 2022 Mexico: annual birth rate 2010-2022 Life expectancy in Mexico 2022 Life expectancy of women in Mexico 2022 Life expectancy of men at birth in Mexico 2022 Age distribution in Mexico 2013-2023 ...
“Large countries in the region have experienced upward revisions since the April 2024 World Economic Outlook that reflect a mix of 1) robust wage growth preventing faster disinflation in the services sector (Brazil, Mexico); 2) weather ev...
MEXICO CITY, June 1 (Xinhua) -- The Central Bank of Mexico on Wednesday lowered its economic growth forecast for 2022 to 2.2 percent from 2.4 percent, citing a complex global environment. In its quarterly inflation report, the bank also cut its forecast for 2023, estimating the country's gr...