Mexico:2022 Article IV Consultation-Press Release and Staff Report
2022 Article IV Consultation-Press Release and Staff Report
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Volume/Issue:
Volume 2022
Issue 334
Publication date: November 2022
ISBN: 9798400224669
$20.00
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Topics covered in this book
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Business and Economics - Statistics , International - Economics , Banks and Banking , Inflation , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , data ROSC update , headline inflation , inflation surge , liability positions vis-à-vis nonresident , ROSC mission , Inflation , External sector statistics , Government finance statistics , Global , North America
Summary
Mexico’s economy has recovered more gradually from the pandemic than many peers. Even so, inflation has accelerated and has become more entrenched, as elsewhere. Domestic and external financial conditions tightened in the past year, while near-term growth prospects for the U.S., Mexico’s main trading partner, have weakened. The risks of capital outflows have risen. These new challenges compound Mexico’s long-standing problems of low growth and high inequality.
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