Macro Analysis /
Global

Mexico: Ahead of the Curve

  • We expect 2Q22 GDP at +0.7% q/q, driven by a strong external demand and solid fundamentals early in the period

  • We expect a US$438.6 million trade deficit in June, with outflows gathering pace as imports normalized

  • Other releases include May’s IGAE, as well as June’s employment report, public finances, and banking credit

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 July 2022
Published byBanorte

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