{"id":2508,"date":"2018-03-08T20:22:53","date_gmt":"2018-03-09T02:22:53","guid":{"rendered":"https:\/\/trends.ufm.edu\/en\/?post_type=newsletter&#038;p=2508"},"modified":"2018-03-08T21:59:25","modified_gmt":"2018-03-09T03:59:25","slug":"mexico-s1-2018","status":"publish","type":"newsletter","link":"https:\/\/trends.ufm.edu\/en\/report\/mexico-s1-2018\/","title":{"rendered":"Mexico: in the Midst of Uncertainty Over the Upcoming Elections and NAFTA"},"content":{"rendered":"<h3>Contents<\/h3>\n<ul>\n<li>Household liquidity<\/li>\n<li>Corporate liquidity<\/li>\n<li>Credit volume<\/li>\n<li>Economic activity<\/li>\n<li>Public sector<\/li>\n<li>Money supply<\/li>\n<li>Cyclical consumer demand<\/li>\n<li>Employment<\/li>\n<li>Prices<\/li>\n<li>Yield curve<\/li>\n<li>General outlook<\/li>\n<\/ul>\n<h3>Author<\/h3>\n<ul>\n<li><strong>Edgar Ortiz Romero<br \/><\/strong>Edgar Ortiz has a degree in Law from\u00a0the Francisco Marroqu\u00edn University. He holds a master in Austrian Economics at the Rey Juan Carlos University in Madrid. He is the executive director of the Center of Economic and Social Studies (CEES). He is a professor of economics at the Francisco Marroqu\u00edn University, and he is also an analyst on issues related to the situation at Canal Antigua. He works as an associate lawyer at Estudio Jur\u00eddico Rivera.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>In 2017, Mexico grew 2.1% according to preliminary data from the National Institute of Statistics and Geography (INEGI); another year for which the country shows mediocre growth. Industrial activity has remained low, partly due to poor mining activity and to the uncertainty created by the renegotiation of the North American Free Trade Agreement (NAFTA).<\/p>\n<p>Unemployment levels remain at historically low levels. However, inflations reached its highest point in the twenty-first century, reaching an annual rate of 6.77%. Inflation has diminished the real income of Mexican workers, reflected in the drop in vehicle sales. Along with the restrictive monetary policy, short-term interest rates are at their highest levels since 2009.<\/p>\n<p>The two big questions troubling the Mexican economy are: who will win the elections in July? And, what will happen to NAFTA? The fact that Andres Manuel L\u00f3pez Obrador heads the polls generates concern among businessmen. The pessimism that accompanies the NAFTA renegotiations are making many expect the worst outcome. The Mexican industry most affected by a break in NAFTA would be the automobile sector. However, thanks to the most-favored-nation principle, even a break with NAFTA would lead to an average tariff of 5% for Mexican products entering the United States.<\/p>\n","protected":false},"author":106,"featured_media":2516,"menu_order":0,"template":"","meta":{"anio":"2018","mes":"January - June","id_estadisticas":"stat-Mexico-s1-2018","newsletter_link":"https:\/\/trends.ufm.edu\/en\/wp-content\/uploads\/2018\/03\/mexico-2018s1-ufm-market-trends1.pdf","portada_informe":"https:\/\/trends.ufm.edu\/en\/wp-content\/uploads\/2018\/03\/mexico-s1-2018-1.png","subtitulo":"Mexico S1 2018 Report","footnotes":""},"tags":[174,88],"class_list":["post-2508","newsletter","type-newsletter","status-publish","has-post-thumbnail","hentry","tag-174","tag-mexico"],"_links":{"self":[{"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/newsletter\/2508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/newsletter"}],"about":[{"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/types\/newsletter"}],"author":[{"embeddable":true,"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/users\/106"}],"version-history":[{"count":0,"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/newsletter\/2508\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/media\/2516"}],"wp:attachment":[{"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/media?parent=2508"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/tags?post=2508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}