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 ...
December 19, 2023 · Eduardo Suárez The Mexican economy is already likely growing above potential and the 2024 budget adds fuel to a hot burning fire. Concerns over public sector stimulus and sticky core inflation are the main issues keeping Banxico’s board...
Mexico Lime Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029) The Mexico Lime Market Report Covers Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis. ...
3.18% GDP growth in 2023 Mexico’s economy continues to impress. GDP growth is forecast to continue at 1.5-2% through to 2027.(2) The world’s 14th largest economy(3) And the second largest in Latin America after Brazil. 101 million Internet users Mexico is the 9th largest digital ...
Latin America's second-largest economy is seen expanding between 2% and 3% next year, speeding up from the projected 1.5% to 2.5% growth in 2024, according to the proposed budget. That is significantly higher than the IMF forecast, which sees 2025 growth at 1.3%. ...
However, the central bank raised its growth forecast for 2023, from 2.7 percent in its previous report to 2.9 percent. When presenting the report, Victoria Rodriguez, governor of Banxico, said the 2022 review took into account the expectation of less fiscal and monetary stimuli in advanced econo...
Mexico, the world’s twelfth-largest economy by nominal GDP,5 looks to be heading neither toward major, imminent danger nor a huge leap into growth territory. Currently, the best test will be the presidential elections, slated to be held on June 2, 2024.6 According to Oraculus,7 the coun...
The trade balance had not posted a surplus since 2Q21. Given the stylized fact that the trade balance shows a countercyclical behavior, the trade surplus in 4Q23 is another indicator that suggests that the growth of the Mexican economy slowed down significantly by the end of last year....
“However, with the still-restrictive monetary policy and the expected cooling of the labor market, growth is expected to moderate in 2025.” The more conservative forecast for the Mexican economy reflects weakening domestic demand on the ba...