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Analysis by Region - Emerging Markets - Mexico

Publisher Oxford Economics
Published Mar 12, 2025
Length 8 Pages
SKU # OFE19929300

Description

We have halved our 2025 GDP growth forecast for Mexico to 0.7% to reflect heightened tariff uncertainty. The economy could still narrowly avoid a technical recession in Q1 due to base effects, but activity will remain subdued. Our growth forecast is now marginally below the consensus projection of 0.9%. Risks to the outlook remain tilted to the downside.

Table of Contents

8 Pages
Mexico: Tariff uncertainty will weigh down on investment
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Alternative long-run scenarios
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

Pricing

Currency Rates
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