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Mexico : the great flattening

Recurso electrónico / Electronic resource
MARC record
Tag12Value
LDR  00000cam a22000004b 4500
001  MAP20200003823
003  MAP
005  20200624142359.0
008  200210s2020 fra|||| ||| ||eng d
040  ‎$a‎MAP‎$b‎eng‎$d‎MAP
084  ‎$a‎921
1001 ‎$0‎MAPA20200002628‎$a‎Dib, Georges
24510‎$a‎Mexico ‎$b‎: the great flattening‎$c‎Georges Dib
260  ‎$a‎Paris‎$b‎Euler Hermes‎$c‎2020
300  ‎$a‎3 p
4900 ‎$a‎Allianz Research
520  ‎$a‎Q4 2019 Mexico's GDP growth came in unchanged from Q3, wich confirms our view that it has escaped technical recession, yet remaining flat for the second half of the year. Preliminary data shows services saved the day while the primary and secondary sectors contracted recively by -0.9% and 1% q/q. 2019 illustrates the divide between Mexico's supply and demand sides: amidst a manufacturing recession, investment was likely the biggest drag to GDP growth, notably due to political uncerainty, while the domestic consumer proved resilient, helped by social spending and a tight labor market. Overall, this lackluster perfomance confirms that high domestic policy uncertainty took a toll on economic outcomes, adding to U.S trade and foreign policy uncertainty. The Q4 release brings total annual growth for 2019 at -0.1% lower than expected, after +2.1% growth in 2018 and +2.4% in 2017.
650 4‎$0‎MAPA20080612092‎$a‎Producto interior bruto
650 4‎$0‎MAPA20080578039‎$a‎Sector servicios
650 4‎$0‎MAPA20080570521‎$a‎Sector agrario
650 4‎$0‎MAPA20080582517‎$a‎Sector industrial
650 4‎$0‎MAPA20080546915‎$a‎Economía
650 4‎$0‎MAPA20080565992‎$a‎Incertidumbre
650 4‎$0‎MAPA20080543549‎$a‎Consumo
650 4‎$0‎MAPA20080611897‎$a‎Perspectivas económicas
651 1‎$0‎MAPA20080637781‎$a‎México
7102 ‎$0‎MAPA20140005529‎$a‎Euler Hermes