Mexican Economy Faces Challenges: August Contraction and Judicial Reform Impact

In this episode, we analyze the recent 0.3% contraction of the Mexican economy in August, marking a significant downturn driven by declines in agriculture and construction. We also discuss Senator Ricardo Anaya's assertion that recent judicial reforms are exacerbating economic instability, creating a precarious situation for the nation. Join us on Simply Economics for an in-depth look at these developments and their implications for Mexico's economic future.

Sources:
https://forbes.com.mx/economia-mexicana-se-enfria-cae-0-3-en-agosto/
https://www.notisistema.com/noticias/la-economia-mexicana-comienza-a-ser-afectada-por-la-reforma-judicial-anaya/

Outline:
(00:00:00) Introduction
(00:00:40) Mexican economy cools down: falls 0.3% in August
(00:03:18) Mexican economy begins to be affected by judicial reform: Anaya