31 July 2023 LatAm Monitor Mexico's Labour Market Remains Resilient, Buoying Banxico's Hawks
27th Jul 2023 19:49Latin America, Weekly Monitor
- Employment in Mexico continued to edge up in Q2; the unemployment rate remains at cyclical lows.
- Business surveys suggest conditions will turn difficult in H2; tighter borrowing costs is a threat.
- Net exports likely supported GDP growth in Q2, de- spite weakening momentum on a sequential basis.
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