MEXICO CITY, Jan 30 (Reuters) – Mexico’s financial enlargement seemingly slowed over the past three months of final 12 months, when U.S. output was weak, a Reuters ballot confirmed on Monday. was performed.

The USA is Mexico’s largest buying and selling associate.

Gross Home Product (GDP) of Mexico (MXGDQP=ECI) Based on the median forecast of 10 analysts, the fourth quarter might have grown 0.3% seasonally, down from 0.9% development within the earlier quarter.

The projected streak of development in Latin America’s second-largest economic system marks the fifth straight quarter of average enlargement.

The US economic system grew within the fourth quarter, however might have had a interval of stable development within the final three months earlier than the total influence of the Fed’s tightening cycle of financial coverage was felt. This 12 months’s.

Mexico’s economic system is projected to develop by 3.4% (MXGDYP=ECI) The survey confirmed that fourth quarter year-over-year development decreased from 4.3% within the earlier quarter.

Mexico’s official statistical company INEGI will launch fourth quarter GDP knowledge on Tuesday.

Reported by Noe Torres.Further reporting by Gabriel Burin in Buenos Aires Modifying by Alistair Bell

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