Mexico | What explains the zero growth of the economy?
Published on Thursday, December 5, 2019 | Updated on Friday, December 6, 2019
Mexico | What explains the zero growth of the economy?
Summary
With the data available in the third quarter, it is already possible to know that the growth of the Mexican economy in 2019 will be around zero. This is because, as of the last quarter of last year, three consecutive quarters with negative growth were observed, followed by one without growth.
Key points
- Key points:
- One of the main factors for which the economy has not grown is a significant drop (around 5% with the latest available data) in investment
- Uncertainty about what may happen with the commercial relationship with the United States
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
Authors
Carlos Serrano
BBVA Research - Chief Economist
Documents and files
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