Mexico Economic Indicators
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As per latest information on Mexico economic indicators Conference Board Leading Economic Index has declined at a rate of 2.6 percent. Another information on Mexican economic indicators states that Conference Board Coincident Economic Index came down at a rate of 1.5 percent during December 2008.
According to information on Mexico’s economic indicators rate of decline has been rather sharp. Much of this has been caused by turbulences in prices of oil. There have been disturbances in construction component that deals with industrial output.
A number of reports on economic indicators of Mexico have also revealed that disturbances in some other factors like rate of real exchange and insufficiencies within inventories component have contributed to present condition of Conference Board Leading Economic Index.
As of latest news on economic indicators in Mexico this Conference Board Leading Economic Index had decreased by 15.5 percent in last six months of 2008 fiscal.
Information on economic indicators at Mexico has also confirmed that Conference Board Coincident Economic Index has depreciated in December owing to several factors. Principal among these are major downscaling of employment opportunities, retail sales and output of all industries within Mexico.
News about economic indicators for Mexico have confirmed that in last half of 2008 fiscal there was a decline at rate of 2.3 percent in Conference Board Coincident Economic Index.
There have been weaknesses in Mexico economic indicators such as Conference Board Coincident Economic Index at every level. Not a single component of these Mexico economic indicators have gone up in value in recent months.
There have been weaknesses in Mexico economic indicators such as Conference Board Coincident Economic Index at every level. Not a single component of these Mexico economic indicators have gone up in value in recent months.
Real GDP growth counts among most important Mexico economic indicators. In second and third quarter of 2008 fiscal average annual rate of growth of real GDP of Mexico was 1.7 percent.
Combined depreciation of both these Mexico economic indicators in these times of financial distress is not a positive sign for Mexico’s economy on a whole. This decline implies that for much of 2009 fiscal level of economic activity in Mexico would remain on weaker side. This is crucial as it would delay onset of revival and subsequent growth of Mexican economy in days to come.
