Mexico Economic Outlook
November 10, 2015The National Statistics Institute (INEGI) released a first GDP estimate for Q3, which puts Mexico in line with other OECD countries. The preliminary data showed that the economy accelerated from a 2.2% increase in Q2 to a 2.4% expansion in Q3. Moreover, recent data point to healthy economic dynamics at the beginning of Q4. Operating conditions in the manufacturing sector improved in October and, due to low unemployment, low inflation and better economic prospects, consumer confidence rose in the same month. Vulnerabilities came from the external side of the economy in September, including a further deterioration in the trade deficit due to continued weakness in oil exports as well as a slowdown in remittances from Mexican workers abroad.
Mexico Economy Data
5 years of Mexico economic forecasts for more than 30 economic indicators.
See all the data and analysis available in each of our Regional and Country reports.
|Bond Yield||6.24||1.14 %||Nov 25|
|Exchange Rate||16.50||-0.20 %||Nov 25|
|Stock Market||44,139||-0.98 %||Nov 25|
Mexico Economic Growth
November 10, 2015Mexico’s economic outlook hinges on the recovery of the U.S. economy, developments in the global oil markets and the potential effects of China’s slowing economy, although a deceleration of the Asian giant should only result in a minor impact on the Mexican economy. Analysts polled by FocusEconomics expect GDP to increase 2.3% this year, which is unchanged from last month’s forecast. For 2016, the panel sees the economy expanding 2.9%.
Mexico Economic News
November 9, 2015
Mexico’s consumer prices rose 0.51% in October over the previous month, which came in above the 0.37% increase observed in September, but fell short of the 0.54% rise the markets had expected.
November 6, 2015
The mood among Mexican consumers did not decline at the beginning of the fall.
November 2, 2015
The start of the fall has not made Mexican manufacturers moody.
November 2, 2015
Mexico’s remittances saw another month of growth in September, but transactions’ pace of expansion moderated compared to the previous month.
October 30, 2015
Mexico’s GDP gained momentum in the third quarter, according to a preliminary estimate released by the National Statistics Institute (INEGI) on 30 October.