The much larger-than-expected contraction in Mexican industrial production in March, of 1.3% m/m, will diminish hopes of an upwards revision to the dire provisional Q1 GDP figure. With the economy clearly struggling, interest rate cuts will soon come onto the agenda.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services