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Mexico & Nafta - September 2007 (ISSN 1741-444X)
THE ECONOMY: Slowing down
The finance ministry reported that GDP growth in the second quarter was
only up 2.8%, year-on-year. President Felipe Calderón Hinojosa admitted in the
Informe that growth in the first half of 2007 was 2.7%. Both the demand and
supply side of the economy are slowing sharply. Retail sales are falling and
manufacturing is under pressure. The great fear for policymakers is what will
happen to the Mexican economy, if the US economy is as palsied as Ben Bernanke,
the chairman of the US Federal Reserve, seems to believe.
- New threat to fiscal reform
- POLITICS: PRD papers over split
- THE BAJA ELECTION: PAN wins key Mexican election
- THE INFORME: Peaceful and different
- VIOLENCE: Killings pick up again
- THE ECONOMY: Slowing down
- EDUCATION: Ebrard makes a populist move
- BUSINESS FOCUS: The Aeroméxico bid
- NAFTA REPORT: Calderón makes his priorities clear
- TRANSPORT: US court ends block on Mexican trucks