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Quarterly Economic Overview - 2015 Q2

The following is a reprint of Terra Nova's quarterly economic overview of Mexico, which was recently sent to our investors as part of their report for the second quarter of 2015.

Posted by: Patrick FearonCategory:Mexican Economy, Economic Growth, Economic Forecasts, Trade Balance and Exports, Unemployment, The Peso, Inflation, Monetary Policy, Fiscal Policy, Trade Policy, Regulatory Policy, Competitiveness, Retail Sales, Special Reports, Leave Comment

June Unemployment Steady at 4.4 Percent

Mexico's June unemployment rate came in at a seasonally-adjusted 4.4%, unchanged from the revised readings in May and April.  Joblessness in Mexico remains far below the most recent peak of 5.0% last summer, but it seems to have reached a plateau in recent months.

Posted by: Patrick FearonCategory:Mexican Economy, Unemployment, Leave Comment

May Unemployment Rises Slightly

Mexico's May unemployment rate rose to a seasonally-adjusted 4.4%, after two straight months at a multi-year low of 4.3%.  Despite the rise in May, the rate of joblessness is still no higher than its six-month moving average.

Posted by: Patrick FearonCategory:Mexican Economy, Unemployment, Leave Comment

April Unemployment Remains at Multi-Year Low

Mexico's April unemployment rate came in at a seasonally-adjusted 4.3%, unchanged from the revised rate in March but below its six-month moving average.  At the current level, joblessness in Mexico remains at its lowest since October 2008.

Posted by: Patrick FearonCategory:Mexican Economy, Unemployment, Leave Comment

March Unemployment Falls to Lowest Since 2008

Mexico's March unemployment rate fell to a seasonally-adjusted 4.2%, compared with revised readings of 4.4% in each of the previous three months.  Joblessness in Mexico is now at its lowest since October 2008.

Posted by: Patrick FearonCategory:Mexican Economy, Unemployment, Leave Comment

February Unemployment Unchanged at 4.5 Percent

Mexico's February unemployment rate came in at a seasonally-adjusted 4.5%, unchanged from the revised January figure.  Despite the modest rebound in joblessness so far in 2015, the labor market seems to have strengthened enough to support a modest improvement in consumer spending going forward.

Posted by: Patrick FearonCategory:Mexican Economy, Unemployment, Leave Comment

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