Mexico Weekly | The sluggishness of investment and exports will limit GDP growth

Summary

We estimate that in Feb.2016 the annual growth rate of the original series of the IGAE will be 2.9% while the monthly growth rate will be -0.1%, sa. We believe that the trade balance of March 2016 will be in deficit by $650 million dollars. On April 29 the INEGI will release the preliminary GDP for 1Q16, which we estimate that will register a quarterly growth rate of 0.4%

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