Wednesday , December 8 2021

Reduce forecasting growth of Mexico in the first year of Lopez Obrador ezker International



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Private analysts decreased their forecasts for growth of the Mexican economy in 2019, which will be EU the first year & # 39; administration of Andrés Manuel López Obrador Muscat, According to a survey of & # 39; monthly released Monday by the Central Bank Aztec.

It is expected that the Gross Domestic Product (GDP) will grow by & # 39; 1.9%, drop & # 39; three decades compared with & # 39; 2.2% in the previous survey, according to the median of the study & # 39; November, conducted among 31 group & # 39; analysis and consulting local and foreign.

The last week, the Central Bank of Mexico also decreased slightly its growth expectations for 2019, when it expects second largest economy in Latin America. grow between 1.7% and 2.7%, Compared with & # 39; & # 39 previous estimate; between 1.8% and 2.8%.

The bank argued that "there are many elements of & # 39; uncertainty" about the economic performance of Mexico the next year, including details of the economic package 2019 the new government has deadline to send up to December 15.

Private analysts also raised their estimate for the level of the exchange rate at the end of 2019, which is a deterioration in the value of the Mexican weight.

The forecasts went from 18.90 pesos per dollar in surveys & # 39; October At 20:33 & # 39; November.

F & # 39; another report, Banco de México reported that – remittances & # 39; money that Mexican living abroad, mainly in the United States, sending the country, added 2940.08 million dollars in & # 39; in October, an increase of & # 39; 3.4% on the same month last year.

The accumulated amount from January to October was & # 39; 27616.59 million dollars, An increase of & # 39; 10% compared to 25109.18 million & # 39; the same period a year & # 39; before.

Remittances, which in 2017 amounted to 30290.54 million dollars, are one of the main sources of & # 39; foreign currency in Mexico, comparable with the income generated by tourism activity and oil exports.

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