Market Report, "Mexico Food & Drink Report Q3 2013", Published
Although we remain optimistic about Mexico's long-term growth outlook on the back of a booming manufacturing sector, an increasingly strong private consumer and favourable demographics, we maintain our view that Mexico is facing a moderate economic slowdown this year. We forecast a 3.6% real GDP expansion in 2013, a year-on-year slowdown on the back of moderating external demand. Private consumption will see a moderation in demand due to a number of factors, including elevated inflation and weak consumer confidence.
View full press release