RaboResearch - Economic Research

Country Report

Mexico (Country update)

Mexico's economy faced increasing headwinds this year, as economic growth in the US, it's main trading partner, slowed down markedly.

Country Report

Mexico (Country report)

The Mexican economy recovered strongly from the global economic crisis, posting 5.5% real economic growth last year. Benefitting from Mexico’s strong trade linkages with the US, exports initially drove the recovery, while domestic demand remained relatively tempered due to sluggish real wage growth, lower remittances from the US and remaining spare capacity.