Mexico: Ahead of the Curve

  • We estimate a slight decline of 0.1% q/q in 4Q21 GDP, with services failing to gather steam and industry slightly down

  • Full-year 2021 remittances expected at US$51.6 billion, a new historical high

  • Other releases include GFI, private consumption (Nov), banking credit (Dec), consumer confidence and IMEF PMIs (Jan)

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