Macroeconomic Forecast Mexico

September 2007 | Macroeconomic Forecasts

BMI View: The Mexican economy rebounded faster than expected in July, according to recent data released by statistical agency INEGI. The monthly IGAE index - a rough proxy for real GDP growth - increased by 4.8% y-o-y, marking the fastest rate of growth in nine months. However, it would be wrong to assume that the economy is out of the woods altogether.

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