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Caribbean-Latin America |
Mexico Risks Recession as Second-Quarter GDP May Be Revised Down |
2019-08-23 |
Damn shame. Especially if their intransigence on stopping illegals led to a border shutdown [Yahoo] Economists expect Mexico's second-quarter gross domestic product to be revised slightly down on Friday, with some going as far as to predict a negative number that would mean Latin America's second-largest economy slipped into technical recession this year. The median estimate of economists in a Bloomberg survey is for the final GDP reading to show no growth from the previous quarter. That would mean a negative revision to the 0.1% expansion preliminarily reported July 31. The national statistics institute Inegi will release the final figure at 6am on Friday. |
Posted by:Frank G |
#1 Germany too looking like recession... That idiot Trump's economy must be looking awful compared to genius merkel. |
Posted by: Bright Pebbles 2019-08-23 09:46 |