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Mexico economy to grow slowly through year's end

September 25 2013

Mexico's economy will continue to improve, but at a very slow pace through the end of the year suggest readings released today by The Conference Board of the leading economic index for Mexico and coincident economic index for the country.

The Conference Board's leading economic index for Mexico rose moderately in July after three consecutive declines. The leading economic index for Mexico rose 0.2 percent in July and now stands at a reading of 124.4 (2004 = 100).

The index had declined 1.6 percent in June and 0.9 percent in May. Over the six months ending in July, the leading economic index decreased by 1.3 percent. It had risen 1.9 percent in the previous six-month period. 

The Conference Board's coincident economic index rose 0.2 percent in July. It now stands at 123.3 (2004 = 100).

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