During the first quarter of 2019, Mexico recorded a year-over-year growth rate of 0.14%, a slowdown of 1.42 p.p. from the previous quarter. This behavior was mainly due to the performance of domestic demand. Regarding prices, inflation reached 4.10% in 1Q19. Regarding the labor market, the unemployment rate increased to 3.50%. The Mexican peso appreciated against the dollar, recording an average exchange rate of 19.21 MXN/USD during the first quarter of the year.
For more information click here to access the executive document in pdf (only available in Spanish).
© GMS Management Solutions, S.L., 2019. All rights reserved. The information contained on this publication is of a general nature and does not constitute a professional opinion or an advisory service. The data used in this publication come from public sources. GMS Management Solutions, SL assumes no liability for the veracity or accuracy of such data.