Mexico’s Economic Contraction: A Closer Look at the Decline

Mexico’s economy has experienced a significant downturn, contracting for the first time since 2021, as various economic pressures mount. The preliminary figures released by the national statistics agency indicated a notable shrinkage of 0.2% in the fourth quarter of 2024. This downturn has raised alarms among economists and policymakers alike, signaling that the country is at a critical juncture in its economic trajectory.

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