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Mexican economy grew above its long-term trend in August 2022

The Mexican economy grew above its long-term trend during August 2022, according to the System of Cyclical Indicators (SIC) published by the National Institute of Statistics and Geography (Inegi).

"In August 2022, the coincident indicator was positioned above its long-term trend by reporting a value of 101.2 points and a variation of 0.11 points compared to July," states the state agency's periodic report.

The long-term trend of economic cycles is represented by a value equal to 100 points, which allows identifying four phases of the Subscribe to our Premium Membership Plan. Already Subscribed?

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