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21st Jul 2022 15:19Latin America, Daily Monitor

Mexico's IOAE index reveals that the economy struggled in late Q2, downside risks prevail.

Real GDP probably will fall in Q3 on a sequential basis, but a technical recession likely will be averted.

Improving manufacturing, and gradually falling inflation, will support growth in Q4

commodity prices consumer services cpi disposable income downside risks government industrial output June labour labour market May October q2 q3 real gdp real incomes real wages recession retail sales retail sector September services output technical recession u.s. wages

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Keywords for: 22 July 2022 Latin America Monitor

commodity prices, consumer services, cpi, disposable income, downside risks, government, industrial output, June, labour, labour market, May, October, q2, q3, real gdp, real incomes, real wages, recession, retail sales, retail sector, September, services output, technical recession, u.s., wages, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence