Mexico | Preliminary figures confirm dynamism of net FDI in the first semester

Summary

Given the anticipated slowdown in external demand growth for the next quarters and its negative impact on Mexican imports associated with global value chains, it is predictable for the trade balance to show lower deficits.

Key points

• Key points:
• This balance could even show surpluses if the international prices of gasoline and diesel were to drop significantly under a scenario of global economic recession.
• The current account deficit in the second quarter of 2022 was lower than the deficit posted in the previous quarter mainly due to the lower deficit in the balance on primary income.
• Net foreign direct investment posted an increase of 12.3% YoY in the first semester of 2022 when comparing preliminary figures.

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