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Published on Wednesday, March 25, 2015 | Updated on Wednesday, March 25, 2015

Mexico | In January the IGAE shows a weak monthly performance (0.2% MoM, sa)

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Summary

According to INEGI, Mexico's January the Global Economic Activity Indicator (IGAE) expanded 2.6% YoY sa. This increase, slightly above our estimation (BBVA Research: 2.4% YoY, sa), was equivalent to 0.2% MoM sa. In original figures the IGAE showed an annual growth of 2.0%.