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Mexico GDP Growth Rate QoQ

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Services account for 62% of the overall Gross Domestic Product in Mexico. The wholesale and retail trade (16%), real estate (10%), transport, warehousing, and communications (7%), as well as financial services and insurance (6%), are the most important segments within services. 18% accounts for the industry output and the biggest segments in this sector are the automobile industry accounting for 4% of total GDP following by the food industry accounting for 3.8%. Construction, water, gas, and electricity distribution (8%), mining (5%), government (4%), and agriculture, forestry, fishing, and hunting (3%) are all accounting for the remaining fraction.

A higher than expected figure should be seen as positive (bullish) for the MXN while a lower than expected figure should be seen as negative (bearish) for the MXN.

Category:  GDP Growth Rate
Units: Percent
Details
Impact: Medium
Country:
Currency: MXN
Latest Release
Previous: 0.5%
Consensus: 1%
Actual: 1%
Next Release
No data

Forex Sentiment (MXN)

Symbol Community Trend (Shorts vs Longs) Symbol Popularity Avg. Short Price /
Distance From Price
Avg. Long Price /
Distance From Price
Current Price
USDMXN
18.0317
+6815 pips
18.3283
-9781 pips
17.3502
Symbol Action Percentage Volume Positions
USDMXN Short 14% 9.90 lots 42
Long 86% 62.45 lots 173
0% of traders are currently trading USDMXN.
EURMXN
18.8505
+2832 pips
24.3630
-57957 pips
18.56732
Symbol Action Percentage Volume Positions
EURMXN Short 70% 1.02 lots 43
Long 30% 0.44 lots 8
0% of traders are currently trading EURMXN.
GBPMXN
21.5470
-377 pips
0
+215847 pips
21.58467
Symbol Action Percentage Volume Positions
GBPMXN Short 100% 0.09 lots 2
Long 0% 0.00 lots 0
0% of traders are currently trading GBPMXN.