Published on Friday, August 22, 2014

Mexican GDP surprised slightly to the upside in 2Q14

Summary

The quarterly growth (1.0%) was driven mainly by the expansion in the services sector. We maintain our forecast for 2014 GDP growth at 2.5% YoY. Also in Mexico, today we expect the unemployment rate to have increased slightly in July and annual inflation to remain marginally above 4.0% from August to October.

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BBVA Research BBVA Research

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67413_41250.pdf

English - August 22, 2014

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