Mexico | Current account deficit in the first quarter confirms lower economic dynamism

Summary

Considerable decrease in the current account deficit in the first quarter of 2019 compared to the same period of the previous year, mainly due to lower deficits in primary income and service balances.

Key points

• Key points:
• Significant year-over-year fall in net direct foreign investment in January–March 2019.
• In terms of GDP, the current account deficit remained steady at 1.8%.

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