Mexico GDP Growth Rate YoY
Add to your siteThe second-largest economy in Latin America, Mexico has an export-oriented economy, more than 90% of trade is conducted under free trade agreements. Services make for 62% of overall GDP. Within services, the largest segments are wholesale and retail trade (16%), real estate (10%), transport, warehousing, and communications (7%), and financial services and insurance (6%). Industry accounts for 18% of output and the major segments within this sector are the automobile industry (which accounts for 4% of total GDP) and the food industry (which accounts for 3.8% of total GDP). Construction, water, gas, and electricity distribution (8%), mining (5%), government (4%), and agriculture, forestry, fishing, and hunting (3%) account for the remaining portion.
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.
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 +6752 pips |
18.3341 -9776 pips |
17.35649 | |
EURMXN |
|
|
18.8547 +2851 pips |
24.3630 -57934 pips |
18.56965 | |
GBPMXN |
|
|
21.5470 -397 pips |
0 +215867 pips |
21.58671 |