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 reporting a value of 101.2 points and a variation of 0.11 points compared to July,” the state agency’s periodic report says.
The long-term trend of economic cycles is represented by a value equal to 100 points, which allows the identification of four stages of Sign up for our Premium membership plan. Already subscribed? Login Here
