1. Market Research
Country Report Mexico September 2017

Country Report Mexico September 2017

  • September 2017
  • ID: 2557465
  • Format: PDF
  • The Economist Intelligence Unit

Summary

Table of Contents

Search Inside


Outlook for 2017-21



  • Preparations for the July 2018 elections will dominate politics. The president, Enrique Peña Nieto, will be weakened during the remainder of his term owing to public discontent with institutional defects, corruption and crime.
  • Anti--establishment sentiment will keep Andrés Manuel López Obrador of the leftist Movimiento Regeneración Nacional (Morena) in the lead in the presidential race, and The Economist Intelligence Unit expects him to win.
  • Despite a tight monetary stance and fears over US trade policy, GDP will grow by 2.4% in 2017, before easing as election concerns rise. Growth will slow notably in 2020 when the US dips into recession, before picking up thereafter.
  • The government will keep fiscal policy tight amid continuing weak oil prices and to avoid any negative effects of global volatility. But deficits will persist, contributing to a rising debt stock, which will reach 59% of GDP in 2021.
  • Average consumer price inflation will exceed the 2-4% target in 2017 before gradually easing thereafter as the effect of petrol price increases at the start of this year fades.
  • After strengthening thus far in 2017, the peso will weaken amid uncertainty over the 2018 elections and trade talks with the US, and as US interest rates rise. It will strengthen in 2021, but the risk of volatility will persist.
  • After narrowing in 2017 the current-account deficit will increase to a peak of 2.7% of GDP in 2020, before shrinking thereafter. It will remain manageable and will be financed by foreign direct investment and portfolio inflows.


Review



  • Two opposition parties, the Partido Acción Nacional and the Partido de la Revolución Democrática, formed an alliance in September to field a joint presidential candidate in 2018. The selection process has not yet been decided.
  • The economy grew by 1.8% year on year in the second quarter, down from 2.8% in the first. But the slowdown was due to seasonal factors; in seasonally adjusted terms, growth was faster in the second quarter than in the first.
  • Crude oil production continued to slide in July, dipping to below the 2m barrels/day mark for the first time in 22 years. Falling output from older fields, notably Cantarell, has not been offset by rising output elsewhere.
  • Annual inflation hit 6.7% in August, the highest rate since February 2001. Despite this, the Banco de México (the central bank), kept its policy rate on hold at 7% in August, after a prolonged tightening cycle.
  • The current-account deficit shrank to a seven-year low in the second quarter, to just US$321m. On an annualised basis, the central bank estimates this to be just over 0.1% of GDP.


Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

ref:plp2017

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on