Mexico Weekly | Watching out for the annual GDP growth figure for Q2, we estimate 2.0%

Summary

We predict that GDP will have grown by 0.4% in Q2 (QoQ, sa). This would equate to 2.0% in annual terms, sa. The estimate of a rate of 0.4%, which is moderate, is prompted by the improvement which has been observed in the services sector and the weakness in the industrial sector in the second quarter

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