Journal Article

Strong peso, stubborn inflation cloud Mexico’s 2024 growth prospects

Abstract: Mexican economic performance is likely to slow in 2024, with stubborn inflation, rising labor costs and a strong peso posing downside risks. Conversely, nearshoring and a larger-than-expected fiscal impact could bolster the Mexican outlook.

Keywords: energy; trade; Mexico; border region; Economic performance;

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Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Part of Series: Southwest Economy

Publication Date: 2024-05-24