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26 July 2022 Latin America Monitor High Inflation is Denting the Upturn in Mexico and Argentina

Andres Abadia (Senior International Economist)22nd Jul 2022 15:30Latin America, Daily Monitor

The IGAE report confirmed that Mexico’s economy remained resilient in Q2, but momentum is easing.

Argentina’s economic recovery continued in Q2, but the near-term outlook is negative...

...High inflation and tighter financial conditions will push the economy into a technical recession soon.

business confidence capital goods deficit emae index energy exports fx reserves government igae imports inflation picture intermediate goods July June manufacturing market expectations mexican economy mexico November oil q2 q3 real gdp recession technical recession total exports trade trade surplus transportation

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