Mexico became the latest country to release a disappointing manufacturing survey last night. Weak industrial activity, coupled with sluggish growth in the service sector and the ongoing problems in the US, mean that we are revising down our Mexican growth forecast for this year. We now expect GDP to expand by 3.5% and are sticking to our below consensus forecast for growth of just 3.0% in 2012.
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