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LatinNews Daily - 20 February 2019

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In brief: Mexico

* In a press conference, Fernando López Macari, the president of Mexico’s institute of financial executives (Imef), said that recent strikes in maquila companies in Matamoros and Tamaulipas states, the blocking of railways by teachers in Michoacán state, and disruption to fuel supply which affected 14 federal entities last month and part of February will cost Mexico a decrease in 0.3 to 0.4 percentage points in GDP growth in 2019. López said that, as a result, the Imef’s national committee for economic studies had reduced its growth forecast for 2019 to 1.5%, down from 1.7% in January.