KM Financial Solutions | Mexico’s economy expected to contract 7.6% this year – UBS
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Mexico’s economy expected to contract 7.6% this year – UBS

Mexico’s economy expected to contract 7.6% this year – UBS

Mexico’s economy is seen
shrinking 7.6% in 2020 as “the Mexican policy response to the
coronavirus is among the weakest anywhere in the world” and top
trade partner the United States is also seen contracting, Swiss
bank UBS said in a note to clients on Monday.
(Reporting by Abraham Gonzalez; Writing by Anthony Esposito)

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