{"id":930,"date":"2016-10-02T21:19:01","date_gmt":"2016-10-03T03:19:01","guid":{"rendered":"https:\/\/trends.ufm.edu\/en\/?post_type=newsletter&#038;p=930"},"modified":"2016-12-08T21:27:38","modified_gmt":"2016-12-09T03:27:38","slug":"caught-between-the-depreciation-of-the-peso-and-the-paralysis-of-the-industrial-sector","status":"publish","type":"newsletter","link":"https:\/\/trends.ufm.edu\/en\/report\/caught-between-the-depreciation-of-the-peso-and-the-paralysis-of-the-industrial-sector\/","title":{"rendered":"Caught Between the Depreciation of the Peso and the Paralysis of the Industrial Sector"},"content":{"rendered":"<p>Mexico\u2019s annual economic growth rate was of 1.5% in the second quarter. The economy is still expected to grow at 2.6% by the end of the year.<\/p>\n<p>The industrial sector remains stagnant and grew by only 0.25% in this quarter.<\/p>\n<p>Unemployment maintains its downward trend at a rate of 3.9%. Informal employment also continues to fall, although more gradually.<\/p>\n<p>Again, inflation is below 3%. However, the trend since November has been of core inflation exceeding general inflation.<\/p>\n<p>The Producer Price Index increased by 5% during this quarter. This is bad news for the already stagnant industrial sector. The external sector has failed to take off and maintains its trade deficit.<\/p>\n<p>The Mexican peso continues to depreciate, a trend that started in mid-2014. The Bank of Mexico has intervened in the foreign exchange market and increased the benchmark interest rate again to try to stop the depreciation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mexico\u2019s annual economic growth rate was of 1.5% in the second quarter. The economy is still expected to grow at 2.6% by the end of the year. The industrial sector remains stagnant and grew by only 0.25% in this quarter.<\/p>\n","protected":false},"author":106,"featured_media":987,"menu_order":0,"template":"","meta":{"anio":"2016","mes":"April-June","id_estadisticas":"stat-mexico-april-june-2016","newsletter_link":"https:\/\/trends.ufm.edu\/en\/wp-content\/uploads\/2016\/10\/Mexico-2016Q2-UFM-Market-Trends.pdf","portada_informe":"https:\/\/trends.ufm.edu\/en\/wp-content\/uploads\/2016\/12\/mexico2016q2.jpg","subtitulo":"Mexico Q2 2016 Report","footnotes":""},"tags":[107,7,88],"class_list":["post-930","newsletter","type-newsletter","status-publish","has-post-thumbnail","hentry","tag-107","tag-april-june","tag-mexico"],"_links":{"self":[{"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/newsletter\/930","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":1,"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/newsletter\/930\/revisions"}],"predecessor-version":[{"id":988,"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/newsletter\/930\/revisions\/988"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/media\/987"}],"wp:attachment":[{"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/media?parent=930"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trends.ufm.edu\/en\/wp-json\/wp\/v2\/tags?post=930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}