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4th Jun 2025 16:55Latin AmericaDaily Monitor

  • Capex and consumption have weakened in Mexico as high rates and trade tensions dampen confidence.
  • Construction and machinery output have slumped, with tight policy and little appetite for long-term capex.
  • Banxico’s rate cuts and the USMCA revision will bring limited relief given the persistent structural challenges.

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Keywords for: 6 June 2025 LatAm Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence