Forex - Mexico: Auto Production, Domestic Sales Remain Negative for a Fourth Month in a Row


 14:18 (GMT) 10 Jan

  [Economic Data]

Sample Premium Content
Mexico: Auto Production, Domestic Sales Remain Negative for a Fourth Month in a Row (0101-HDFN-C01)

Vehicle Production and sales continue to paint a negative picture of the Mexican economy with a -9.7%y/y and -10.6%y/y print for December, giving a negative result for the fourth month in a row. The data could be a harbinger of the deceleration Banxico was worried about may be starting to come to fruition. IF MXN weakness continue to reverse, it may open the room for Banxico to cut rate in 2019 H2.


CurrenciesCountriesMarket Bulletins

Latest Currency Analysis

Available to subscribers only
Order Now