Mexico:Review Under the Flexible Credit Line Arrangement-Press Release; and Staff Report

Author: International Monetary Fund. Western Hemisphere Dept.

Mexico: Review Under the Flexible Credit Line Arrangement-Press Release; and Staff Report

Volume/Issue: Volume 2022 Issue 347

Publication date: November 2022

ISBN: 9798400223068

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Inflation , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , International - Economics , FCL resource , bolstering market confidence , IMF's transparency policy , policy implementation , recovery from the pandemic , Inflation , Currencies , Credit , Global

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Summary

Mexico has recovered more gradually from the pandemic than its peers and economic activity is expected to slow in the second half of this year and into 2023. Inflation increased as the economy emerged from the COVID-19 shock but is expected to plateau in the second half of 2022 and then gradually decline.