Mexico’s Economic Slowdown: What to Expect in 2024

BBVA Mexico's latest report reveals a concerning economic deceleration across all states, with GDP growth projected at just 1.2% for 2024. Factors such as weak domestic demand and reduced public spending are contributing to this trend. Additionally, as the U.S. elections approach, uncertainty is stifling investment in Mexico, with growth expected to drop to 1.5%. Join us as we analyze these developments and their implications for everyday life in Mexico, providing essential insights for navigating the economic challenges ahead.

Sources:
https://www.eleconomista.com.mx/sectorfinanciero/desaceleracion-economica-refleja-todos-estados-pais-bbva-mexico-20241104-732797.html
https://www.tyt.com.mx/nota/cautela-el-comun-denominador-en-las-expectativas-para-la-economia-de-mexico

Outline:
(00:00:00) Introduction
(00:00:43) Economic deceleration is reflected in all states of the country: BBVA Mexico
(00:03:06) Caution, the common denominator in the expectations for the economy of Mexico