Economy Country May 05, 2025

Mexico Avoids Recession with Economic Growth

Mexico's economy grows by 0.2% quarterly, with low unemployment and high salaries. The government aims to enhance internal spending and investment.


Mexico Avoids Recession with Economic Growth

The Mexican economy avoids recession with a quarterly growth of 0.2%, despite concerns about a possible contraction in the United States. The Secretary of Finance points out that indicators such as low unemployment levels, historic income, and growth in formal employment are positive.

The Mexican government presented new strategies to boost the economy, aiming to increase domestic spending and investment. These measures are estimated to contribute an additional 0.7 percentage points to GDP and create around 700,000 new jobs.

The Secretary of Economy expressed caution regarding the market's pessimistic forecasts, while the Finance Ministry predicts economic growth between 1.5% and 2.3%. Organizations like the IMF predict a contraction of 0.3%, but the government is confident in a positive scenario.

Among the announced measures is a campaign to promote national products, as well as the review of records for importers of steel products. All these actions aim to increase domestic content and avoid unfair trade practices.

The government emphasizes the importance of considering other factors in economic analysis, such as the reorganization of trade order, the relocation of production chains, and investment flows. It highlights the need not to focus solely on negative elements, but also on the opportunities that are developing in the economic landscape.