Mexico Economic Outlook Third Quarter 2016

Summary

The low growth of the Mexican economy in 1H16 leads us to revise estimated growth for 2016 down to 1.8%. For 2017, our expectations of growth for Mexico are 2.2%. The fiscal challenges are difficult, but it is essential to confront them. The exchange rate depreciation observed in the last two years is largely due to the deterioration in the current account

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