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Published on Thursday, April 8, 2021

Mexico | Domestic demand does not react: it remains weak

Summary

The U.S. economy is beginning a strong expansionary cycle. The International Monetary Fund (IMF) this week adjusted its growth forecast for this country to 6.4% for 2021 and there are private analysts who forecast even higher rates.

Key points

  • Key points:
  • The persistent weaknesses in domestic demand will mean that even with the greater dynamism of the external sector, the country will barely recover the growth levels - low and insufficient - that it had in 2018
  • Where do the internal weaknesses lie? Both in investment and consumption

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Documents and files

Report (PDF)

ArtPrensa_CarlosSerrano_08Abr21.pdf

Spanish - April 8, 2021

Authors

CS
Carlos Serrano BBVA Research - Chief Economist
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