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February 26, 2020

Mexico | Economic stagnation in 2019 affects current account and net FDI

Our forecast of 2.0% of GDP for the current account deficit implies that Mexico will enter a phase of economic recovery after a real GDP contraction of 0.1% in 2019. This forecast suggests that the country is not vulnerable to external shocks and that a share of the current account deficit could be financed with net FDI.

October 17, 2016

Mexico | Oil trade balance will remain negative, but its lowest point has been left behind

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