Mexico | In February the IGAE shows a negative monthly performance (-0.03% MoM, sa)
Published on Thursday, April 23, 2015 | Updated on Thursday, April 23, 2015
Mexico | In February the IGAE shows a negative monthly performance (-0.03% MoM, sa)
Summary
According to INEGI, the Global Economic Activity Indicator (IGAE) of Mexico had zero growth in February from previous month, with seasonally adjusted figures (sa). This was equivalent to an annual growth rate of 2.2%, sa. In the original series IGAE reported and increase of 2.3% YoY, in line with our forecast and below consensus (BBVAe: 2.3% YoY; consensus: 2.4%).
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- Economic growth
Authors
Juan Carlos Rivas
Documents and files
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