Macro Analysis /
Global

Mexico: Ahead of the Curve

  • Attention on 3Q21 GDP, expecting a deceleration to 0.6% q/q (+6.4% y/y), with a more adverse backdrop dampening dynamism

  • In this context, we anticipate the monthly GDP-proxy for August at +0.1% m/m, with a slight pickup in September to +0.4%

  • Other relevant releases include September’s trade balance, unemployment rate, banking credit and public finance report

Juan Carlos Alderete Macal
Juan Carlos Alderete Macal

Director of Economic Research

Francisco Jose Flores Serrano
Francisco Jose Flores Serrano

Senior Economist, Mexico

Banorte
22 October 2021
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