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Weekly Report - 04 May 2017 (WR-17-17)

TRACKING TRENDS

MEXICO | Downsized by the IMF. A report by the International Monetary Fund (IMF) for April predicts that Mexico’s GDP will fall below US$1trn in 2017. This is the first time since the 2008-2009 economic crisis that Mexico’s GDP is forecast to fall under US$1trn. The IMF predicts Mexico’s GDP will be US$987bn in 2017, which would make it the 16th largest economy in the world on IMF measures, one position lower than in 2016, and its worst position since 1996.

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