Macro Analysis /
GlobalMexico: 2Q22GDP–Positive surprise with further strength in industry and services
Activity grew 1.0% q/q (2.1% y/y) better-than-expected given a more challenging backdrop late in the quarter
Sequentially, services and industry kept driving the recovery, while agriculture had a relevant rebound
We maintain our 2022 full-year GDP forecast at 2.1%, with higher risks for the remainder of the year
Alejandro Padilla Santana
Executive Director of Economic Research and Financial Markets Strategy @ Banorte
Contributors
29 July 2022
Published byBanorte
