Mexico Regional Sectoral Outlook. First half 2022

Summary

GDP advanced 4.8% in 2021, 8 states recovered to pre-pandemic levels. Administrative, Support and Financial Services sectors stall while Manufacturing, Wholesale/Retail and Transportation sectors accelerate.

Key points

• Key points:
• Automotive sector accelerates through production of cars, trucks and auto parts without reaching recovery.
• Mexico ranks first globally in Transportation Equipment competitiveness.
• Electricity prices increase in the face of soaring international energy prices

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