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    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

    Topics

    Authors

    Carlos Serrano BBVA Research - Chief Economist

    Documents and files

    Press article (PDF)

    191205_ArtPrensa_CarlosSerrano.pdf

    Spanish - December 5, 2019

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