Is Mexico Doing Better or Worse Than Expected?

Mexico’s unemployment rate fell to a lower-than-expected 3.56 percent of the economically active population in May, the lowest unemployment reading since December 2007, according to data released on June 26 by state statistics agency INEGI. On June 22, Mexico’s central bank, led by Agustín Carstens, raised its key interest rate but hinted that it may be the last hike in its current tightening cycle. Are Mexico’s economic indicators showing signs of promise? What headwinds will the economy face over the next year, and what steps should the central bank take to fortify the economy against potential setbacks? What is the outlook for inflation and the Mexican peso?

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http://www.thedialogue.org/resources/is-mexico-doing-better-or-worse-than-expected/