## Mexico: Staff Report for the 2004 Article IV Consultation

_IMF Staff Country Reports, December 23, 2004_

## Source details

**Canonical URL:** [Mexico: Staff Report for the 2004 Article IV Consultation](https://www.imf.org/en/publications/cr/issues/2016/12/31/mexico-staff-report-for-the-2004-article-iv-consultation-17953)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/mexico-staff-report-for-the-2004-article-iv-consultation-17953/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/mexico-staff-report-for-the-2004-article-iv-consultation-17953/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/mexico-staff-report-for-the-2004-article-iv-consultation-17953/bundle-manifest.json)

## Bibliographic details
- Published: December 23, 2004
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451825633.002

---

### Macroeconomic performance and drivers
- Economic activity in Mexico accelerated to 3.8 percent in the first half of 2004 over the previous year.
- The recovery is partly attributable to strengthening U.S. industrial production.
- Mexican manufactured exports grew by 10½ percent (seasonally adjusted) in the first seven months of 2004 over the same period in 2003.

### Public debt and liability management
- The government has made significant progress in strengthening the structure of public debt.
- Several liability management operations have helped to improve the efficiency of the yield curve.

### Subjects and keywords covered
- Subjects: External debt, Inflation, Oil prices, Oil, gas and mining taxes, Prices, Public debt, Taxes
- Keywords: CR, deficit, gas and mining taxes, Global, headline CPI inflation, Inflation, inflation expectation, ISCR, Middle East, Oil, Oil prices, September, staff, staff appraisal, staff assumption, staff-s assumption

*Mexico: Staff Report for the 2004 Article IV Consultation, IMF Staff Country Reports 2004, 419 (2004), DOI: https://doi.org/10.5089/9781451825633.002*

---

## Content in this bundle

- **_cr04419**
  - [_cr04419 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2004/_cr04419.pdf.md){rel="alternate" type="text/markdown"}
  - [_cr04419 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2004/_cr04419.pdf){rel="external" type="application/pdf"}

---

_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/mexico-staff-report-for-the-2004-article-iv-consultation-17953_