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Analysis by Region - Latin America - Mexico

Publisher Oxford Economics
Published Apr 12, 2022
Length 9 Pages
SKU # OFE17108353

Description

Analysis by Region - Latin America - Mexico

While data may point to a slightly stronger-than-expected expansion in Q1, soaring inflation, tighter financial conditions and slower global growth due to the war in Ukraine are weighing on Mexico's outlook. We have shaved our 2022 GDP growth forecast by 0.2ppts to 1.8% and now expect 2.6% growth in 2023. The government has maintained a neutral stance on the Russia-Ukraine conflict, but the economy remains vulnerable to global disruptions.

Table of Contents

9 Pages
Mexico: Outlook downgraded despite a positive start to 2022
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
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

Pricing

Currency Rates
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