OECD Economic Outlook, Volume 2017 Issue 2
The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances.
Coverage is provided for all OECD member countries as well as for selected non-member countries. This issue includes a general assessment, a special chapter on resilience in a time of high debt, a chapter summarising developments and providing projections for each individual country and a statistical annex.
Mexico
Growth is holding up above 2% despite the uncertain environment, fiscal consolidation and tighter monetary conditions. The economy will rebalance, with a higher contribution of exports and investment to growth while private consumption will decelerate as high inflation dents purchasing power and credit expansion slows, owing to monetary policy tightening. Construction activity will pick up from its historically low levels, reflecting reconstruction after the September earthquakes. Recent structural reforms and successful tenders in the energy sector are expected to boost private investment.