Mexico's Gross Fixed Capital Formation experienced a moderated decline of 2.6% in March, while private consumption saw an acceleration to 3.8% due to a strong rebound in imported goods.
Key Takeaways
- 1.Mexico's gross fixed capital formation continued to decline in March, albeit at a slower pace of -2.6% y/y.
- 2.Private consumption in Mexico showed a rebound, accelerating to 3.8% y/y in March, driven largely by imported goods.
Table of Contents
- MEXICO: GROSS FIXED CAPITAL FORMATION MODERATED ITS DECLINE IN MARCH
- PRIVATE CONSUMPTION ACCELERATED IN MARCH, SUPPORTED BY A STRONG REBOUND IN IMPORTED GOODS
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Authors
Rodolfo MitchellMiguel SaldañaMartha Cordova
Themes
Economic Growth and Investment TrendsConsumer Spending Dynamics
Regions
Latin AmericaMexico
