Mexico: 2015 Article IV Consultation-Press Release; and Staff Report
IMF Staff Country Reports, November 17, 2015
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- Mexico: 2015 Article IV Consultation-Press Release; and Staff Report
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Bibliographic details
- Published: November 17, 2015
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513571324.002
Major findings: macroeconomic performance and adjustment
- The economy of Mexico has continued to grow at a moderate pace.
- Capital outflow pressures have been limited.
- The flexible exchange rate has helped the economy adjust to external shocks.
- Inflation has remained low and stable.
Growth outlook and projections
- The economy is projected to grow by 2.25 percent in 2015.
Sectoral developments
- Construction activity has moderated after a strong rebound in the second half of 2014.
- Manufacturing and services remain the main driver of growth, although weaker-than-expected U.S. demand affected manufacturing exports in early 2015.
Structural reforms and medium-term prospects
- Mexico is implementing a broad range of structural reforms, which should help lift potential growth over the medium term.
Subjects and keywords highlighted
- Subjects: Bank credit, Credit, Currencies, External debt, Money, Oil prices, Prices, Public debt
- Keywords: baseline debt projection, CR, Credit, Currencies, debt, economy, electricity price, Global, IBRD lending, inflation expectation, interest rate, ISCR, Oil prices, oil-price hedge, price, price pressure