Mexico: Staff Report for the 2004 Article IV Consultation

Author: International Monetary Fund

Volume/Issue: Volume 2004 Issue 419

Publication date: December 2004

ISBN: 9781451825633

$20.00

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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 , Public Finance , Taxation - General , ISCR , CR , headline CPI inflation , September , deficit , staff-s assumption , staff , inflation expectation , staff appraisal , staff assumption , Inflation , Oil prices , Oil , gas and mining taxes , Global , Middle East

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Summary

This 2004 Article IV Consultation highlights that economic activity in Mexico accelerated to 3.8 percent in the first half of 2004 over the previous year. This recovery is partly attributable to strengthening U.S. industrial production, as reflected in growth in Mexican manufactured exports of 10½ percent (seasonally adjusted) in the first seven months of 2004 over the same period in 2003. The government has made significant progress in strengthening the structure of public debt. Several liability management operations have helped to improve the efficiency of the yield curve.