World Financial institution cuts Mexico 2025 GDP forecast to zero% from 1.5%

The Mexican peso and inventory markets have executed effectively this yr at the same time as the expansion outlook dims. Yesterday the IMF downgraded Mexican GDP forecasts and now the World Financial institution sees no progress in any respect this yr because it now sees zero% GDP progress in comparison with 1.5% in January.

Different LatAm adjustments:

• Brazil to 1.eight% from 2.2%
• Argentina to five.5% from 5.zero%
• LatAm and Caribbean to 2.1% from 2.5%

This text was written by Adam Button at www.ubaidahsan.com.



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