GDP: + 2.7% in February compared to last year; because of lackluster demand in the US, experts predict growth of at most 3.3% this year. After all, 80% of Mexico's exports go to the US.
Consumer Prices: + 4.26% in March, but after a recent ¼% interest hike in the benchmark lending rate from 7.0 to 7.25%, a moderation of the inflation rate is expected.
Industrial Production: + 1.4% in February (unchanged from January)
Unemployment: 4.0% in March
Steel Production: 1.440 (e) million mt in March or + 4.0% over last year; in Q1, 4.171 million mt were produced or 1.6% more than last year.
Automotive Production: April numbers are not out yet. In Q1, a total of 470,783 units were built or 11.2% less than last year.
Trade Balance: - $9.2 billion in March for the latest 12 months
Currency: Pesos 10.9 to US$1 as of April 25 (Pesos 11.0 to US$1 a year ago)
GDP: + 2.0% in February for the past twelve months
Consumer Prices: + 2.3% in March
Industrial Production: - 1.2% in February
Unemployment: 6.1% in March
Trade Balance: + $46.3 billion in February for the past twelve months
Steel Production: 1.050 (e) million mt in March or 23.7% less over last year; in Q1, 3.050 million mt were produced or 22.0% less than last year.
Automotive Production: April numbers are not out yet; in Q1, a total of 689,415 units were built or 0.7% above last year's pace. Canada is the only North American country where automotive production did not slip this year so far.
Currency: C$1.11 to US$1 as of May 2 (unchanged from a year ago)