A Recovery Yet To Come

MEXICO - Report 03 Sep 2013 by Mauricio Gonzalez and Ernesto Cervera
Economic Panorama The most significant piece of economic news in August was the weakness of GDP growth during the second quarter. The authorities reported that the economy expanded a mere 1.5% compared to the same April through June period of the previous year. Officials had projected that GDP had grown a full percentage point more (2.5% e) in the Ministry of Finance’s quarterly report on inflation that it released in July; the market consensus estimate was in line with that forecast. We had projected a 2.3% rate of growth for the second quarter, only slightly below official forecast. Howev...

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2024 GlobalSource Partners. All rights reserved. This report is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This report is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this report or its contents.