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Mexico Watch

Tue, Jun 30 2009, 13:05 GMT
by BBVA Bancomer Team

BBVA Bancomer


  1. 1. A Global Crisis that is Stabilizing
  2. 2. Mexico: Recession and Recovery Hand in Hand with External Factors
  • The collapse in demand from the U.S.
  • Labor market adjustment in perspective
  • Mexico will recover its growth in line with that of the U.S.
  • The exchange rate in terms of global financial factors and domestic events
  • Inflation: a history of continued pressure since 2006
  • Consolidation of the cycle of monetary easing
  • Interest rate structure: the high slope is here to stay
  • Balance of payments, orderly adjustment and without financing problems
  • Market Movements
  1. 3. Strengthening the Performance Margin of Fiscal Policy
  2. 4. Indicators and Forecasts


Archive

BBVA Bancomer  | Av. Universidad 1200 Col. Xoco México 03339 D.F.
http://www.bancomer.com/economica | e.economicos@bbva.bancomer.com

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This document was prepared by Banco Bilbao Vizcaya Argentaria’s (BBVA) Research Department on behalf of itself and its affiliated companies (each a BBVA Group Company) for distribution in the United States and the rest of the world and is provided for information purposes only. The information, opinions, estimates and forecasts contained herein refer to that specific date and are subject to changes without notice due to market fluctuations. The information, opinions, estimates and forecasts contained in this document have been gathered or obtained from public sources believed to be correct by the Company concerning their accuracy, completeness, and/or correctness. This document is not an offer to sell or a solicitation to acquire or dispose of an interest in securities.

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