Teneo-Europe-Report

January 31, 2020

MEXICO: Lack of growth not severe enough to force change in direction

BY Nicholas Watson

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( 3 mins) Preliminary figures published by the INEGI statistics agency yesterday, 30 January, indicate that the economy contracted by 0.1% in 2019, marking the first year of negative growth in a decade. Also yesterday, the finance ministry (SHCP) released its closing numbers for 2019, which reveal some troubling details. Politically, the figures represent a setback for President […]

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