Searcher

LatAm Daily | The growth in economic activity in Mexico was higher than expected in May

Published on Wednesday, July 27, 2016

LatAm Daily | The growth in economic activity in Mexico was higher than expected in May

IGAE grew by 1.0% sa m/m, thanks to the services sector (1.2% m/m, sa). A small (even slightly negative) growth in economic activity is expected for Mexico in 2Q16. In Brazil, the minutes of last week’s MP meeting showed concerns about inflation, which still prevent a cut of the Selic rate. Also in Brazil, the CA deficit remained stable at around 1.7% of GDP in June.

Documents to download

Geographies

Topics

New comment

Be the first to add a comment.

Load more

You may also be interested in