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Latin America Update

Latin America Update

Mexico: IMEF manufacturing survey not as promising as it seems

While the Mexican IMEF manufacturing index bucked the global trend and increased in August, there is no hiding from the weak outlook for the economy. With GDP growth set to disappoint, we expect interest rates to remain low and the next move is much more likely to be down than up.

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This article is tagged with the following subjects: Growth, Industry, Latin America, Macro-economics, Mexico
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Neil Shearing Neil Shearing Chief Emerging Markets Economist > View profile Michael Henderson Michael Henderson Emerging Markets Economist > View profile William Jackson William Jackson Emerging Markets Economist > View profile
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