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3rd May 2022 00:20Latin America, Daily Monitor, Weekly Monitor

Mexico's economy recovered in Q1 as many drags eased, offsetting the hit from high inflation...

...But the economy still is convalescing, and we see no solid sign of a private spending boom.

BanRep hiked rates as expected, and left the door wide open to further tightening as inflation rebounds.

banxico business sentiment credit department stores disposable income downside risks external shocks gdp growth government igae imf industrial output inflation expectations manufacturing March mexican economy mexico policy private spending q1 q3 real gdp services activity tariffs u.s. us

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Keywords for: A Good Start to 2022 for the Mexican Economy, but Downside Risks Prevail

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