Mexico | Oil trade balance will remain negative, but its lowest point has been left behind
Published on Monday, October 17, 2016 | Updated on Tuesday, October 18, 2016
Mexico | Oil trade balance will remain negative, but its lowest point has been left behind
Summary
The economic authorities have cut programmable public spending, and plan to continue doing so, and have also increased the monetary policy rate as measures to counteract the effects of lower oil revenues and the consequently increased current account deficit
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Macroeconomic Analysis
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Authors
Arnulfo Rodríguez
BBVA Research - Principal Economist
Carlos Serrano
BBVA Research - Chief Economist
Documents and files
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