Pantheon Macroeconomics - Strong fundamentals have supported private consumption in Mexico recently, but we now expect a slowdown. Spending will not collapse, though, because consumer credit growth, formal employment, real wage income and remittances will continue to underpin consumption for the next three-to-six months.

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1 March 2017 The Mexican Labor Market is Solid, But it Likely will soon Disappoint

By Andres Abadia

Strong fundamentals have supported private consumption in Mexico recently, but we now expect a slowdown. Spending will not collapse, though, because consumer credit growth, formal employment, real wage income and remittances will continue to underpin consumption for the next three-to-six months.

Posted: 28th Feb 2017 in 'Latin America Documents'

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