20-April-2024
Economy News
 
J.P. Morgan ups Mexican economic growth forecast on manufacturing boost
28-Sep-2022

J.P. Morgan analysts raised their economic growth forecast for Mexico’s third quarter gross domestic product (GDP), as well as for 2022, after August trade data signaled a stronger than anticipated output from the country’s manufacturing sector. The analysts’ forecast for the July to September period now calls for 1.5% growth, compared to an earlier estimate of 0.5%, which boosts the full year projection to 2.2% growth, from 2% previously.

News Source:- https://www.reuters.com/article/mexico-economy-gdp/j-p-morgan-ups-mexican-economic-growth-forecast-on-manufacturing-boost-idUSL1N30Y1PM