off-the-wire

UPDATE 1-Mexico's economy seen growing around 2.9%-3% in 2022

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Adds comments from deputy finance minister) MEXICO CITY, Jan 30 (Reuters) - Mexico's economy likely grew between 2.9% and 3% in 2022, the country's Deputy Finance Minister Gabriel Yorio said in a press conference on Monday, marking a slowdown from the 5% advance recorded in 2021. The government official added the country's economy grew 2.9% through November 2022.


Private sector analysts set their 2022 growth estimate for Mexico at 3% in a


survey published in December.


Mexico's public debt stood at 49.4% of the country's gross domestic product (GDP) at the end of last year's fourth quarter, the finance ministry said in a statement.


Mexico's official statistics agency INEGI will publish fourth-quarter GDP data on Tuesday.
(Reporting by Ana Isabel Martinez and Noe Torres; Editing by David Alire Garcia and Brendan O'Boyle)

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