¡BUENAS NOTICIAS! La economía mexicana crece según indicadores cíclicos: Inegi

Mexican economic activity: indicators strengthen

Mexican economic activity indicators improved in the latest monthly reading. Based on the data cited (from INEGI’s cyclical indicators), both the coincident and leading cyclical indicators rose and remained above 100 points in February, signaling that growth is occurring above its long-term trend.

• The leading indicator increased but reversed an upward trend it had shown in previous months.
• The coincident indicator reached 101 points in February, reflecting a month-over-month rise of 0.09 points, and also placing it above its long-term trend.

Growth outlook

Based on analyst projections, Mexico’s economic growth for the year is expected to be 1.6%, revising upward from an earlier forecast of 1.4%.

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