Tuesday, September 29, 2020

Logo Central America Link

Chill winds blowing over Mexico, say economists

Tuesday, January 29, 2019


The Mexican economy is cooling down, as indicated by the recent official figures soft December, according to a wide range of economists.

Imports dropped by 0.8 percent year on year, their first annual contraction since April of 2017. Oil imports showed a 7.5 percent drop.

Jonathan Heath, who has recently become a member of the central bank's executive committee, said that these and other data point to a negative trend in the economy.