Project on Mexico

8/10/2019 Project on Mexico

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Sri Sharada Institute Of Indian Management -Research

Approved by AICTE

Plot No. 7, Phase-II, Institutional Area, Behind the Grand Hotel, Vasant Kunj,

New Delhi110070 Website:www.srisiim.org

Project Report On Macro Economics

On

"Mexico country"

Session : 2013 - 15

Submitted To:- Submitted By:-

Prof. O P Bohra Bishwajeet Kishor (20130112)

Manash Pratim Kakati(20130124)

Bipin Kumar Yadav (20130111)
http://www.srisiim.org/http://www.srisiim.org/


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Declaration

We hereby declare that the following project report of Macro

Economics is an authentic work done by us. This is to declare that

all work indulged in the completion of this work such as research,

analysis of activities of an organization is a profound and honest work

of ours.

Place:New Delhi Bishwajeet Kishor (20130112)Manash Pratim Kakati (20130124)

Bipin Kumar Yadav (20130111)

(PGDM 2013-2015)


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ACKNOWLEDGEMENT

We would like to express my hearty gratitude to my faculty

guide, Prof. O P Bohra for giving us the opportunity to prepare a

project report on "Mexico Country"and for his valuable guidance

and sincere cooperation, which helped us in completing this project.

Bishwajeet Kishor

Manash Pratim KakatiBipin Kumar Yadav

PGDM Batch (2013-2015)

SRI SIIM


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Table of Content

Sl. Topic Page No.

1 Introduction 05

2 GDP of Mexico 07

3 Mexico Inflation Rate 08

4 Mexico Inflation Rate Decelerations in 2014 09

5 Unemployment Rate 10

6 Unemployment Rate Up to 4.8%. 11


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Mexico was the first Latin American member of the Organisation forEconomic Co-operation and Development OECD (since 1994), andconsidered an upper-middle income country by the World Bank.

Mexico

is considered a newly industrialized countryand an emerging power. It

has the fourteenth largest nominal GDP and the tenth largest GDPby purchasing power parity. The economy is strongly linked to those ofits North American Free Trade Agreement (NAFTA) partners, especiallythe United States of America.Mexico ranks sixth in the world and first inthe Americas by number of UNESCO World Heritage Sites with 32,andin 2010 was the tenth most visited country in the world with 22.5 millioninternational arrivals per year.

According to Goldman Sachs, by 2050

Mexico is expected to become the world's fifth largest economy.

PricewaterhouseCoopers (PwC) estimated in January 2013 that by2050 Mexico could be the world's seventh largest economy.

Mexico has

membership in prominent institutions such as the UN, the WTO,the G20 and the Uniting for Consensus.


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MEXICO GDP

The Gross Domestic Product (GDP) in Mexico was worth 1177.30 billion USdollars in 2012. The GDP value of Mexico represents 1.90 percent of the worldeconomy. GDP in Mexico is reported by the The World Bank Group. From 1960until 2012, Mexico GDP averaged 338.6 USD Billion reaching an all time high of1177.3 USD Billion in December of 2012 and a record low of 13.1 USD Billion inDecember of 1960. The gross domestic product (GDP) measures of nationalincome and output for a given country's economy. The gross domestic product(GDP) is equal to the total expenditures for all final goods and services producedwithin the country in a stipulated period of time. This page provides - Mexico GDP- actual values, historical data, forecast, chart, statistics, economic calendar andnews. 2014-04-15

ACTUAL PREVIOUS HIGHEST LOWEST FORECAST DATES UNIT FREQUENCY

1177.30 1158.20 1177.30 13.10 1237.57 | 2013/12 1960 - 2012 USD BILLION YEARLY


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Mexico Inflation Rate

The inflation rate in Mexico was recorded at 3.76 percent in March of 2014. Inflation Rate

in Mexico is reported by the Instituto Nacional de Estadstica y Geografa (INEGI).Inflation Rate in Mexico averaged 27.14 Percent from 1974 until 2014, reaching an alltime high of 179.73 Percent in February of 1988 and a record low of 2.91 Percent in

November of 2005.

Actual Previous Highest Lowest Forecast Dates Unit Frequen

3.76 4.23 179.73 2.91 3.80 | 2014/06 1974 - 2014 Percent Monthly


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Mexico Inflation Rate Decelerates in March

Mexican annual consumer prices slowed for the second straight month to 3.76

percent in March of 2014, down from 4.23 percent in February. The inflation is

now below the central banks 4 percent limit. A year earlier, the inflation wasrecorded at 4.25 percent.Year-on-year, transport prices rose the most (7.9

percent), followed by alcoholic beverages and tobacco (7.12 percent) and cost

of restaurants and hotels (5.18 percent). From February to March, prices

increased 0.27 percent, slightly faster than 0.25 percent in the previous month.

The core index, which strips out some volatile food and energy prices, rose

0.21 percent during the month.

Calendar GMT Country Event Reference Actual Previous Consensus Foreca

2014-01-09 02:00 PM Mexico Inflation Rate YoY Dec 2013 3.97% 3.62% 3.85% 3.48%

2014-02-07 02:00 PM Mexico Inflation Rate YoY Jan 2014 4.48% 3.97% 4.54% 4.12%

2014-03-07 02:00 PM Mexico Inflation Rate YoY Feb 2014 4.23% 4.48% 4.22% 4.2%

2014-04-09 02:00 PM Mexico Inflation Rate YoY Mar 2014 3.76% 4.23% 3.8% 4.2%

2014-05-08 02:00 PM Mexico Inflation Rate YoY Apr 2014 3.76% 4.25%

2014-06-09 02:00 PM Mexico Inflation Rate YoY May 2014 4%


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Mexico Unemployment Rate

Unemployment Rate in Mexico increased to 4.80 percent in March of 2014

from 4.65 percent in February of 2014. Unemployment Rate in Mexico isreported by the Instituto Nacional de Estadstica y Geografa (INEGI).

Unemployment Rate in Mexico averaged 3.75 Percent from 1994 until 2014,

reaching an all time high of 5.93 Percent in May of 2009 and a record low of

2.22 Percent in March of 1997.

Prices Last Previo

us

Highest Lowest Foreca

st

Unit

CORE INFLATION RATE

2.89 2014-03-15 2.98 176.90 2.40 2.77 2014-06-30 Percent [+]

CONSUMER PRICEINDEX (CPI)

113.10 2014-03-15 112.79 113.10 0.02 113.14 2014-04-30 IndexPoints

[+]

CORE CONSUMER

PRICES

110.64 2014-03-15 110.40 110.64 0.12 110.83 2014-04-30 Index

Points

[+]

EXPORT PRICES 129.09 2014-02-15 128.37 143.98 32.38 130.00 2014-03-31 Index

Points

[+]

GDP DEFLATOR 120.69 2013-11-15 120.15 120.69 19.16 121.47 2014-03-31 IndexPoints

[+]

IMPORT PRICES 229.54 2014-02-15 228.43 229.54 42.20 230.70 2014-03-31 IndexPoints

[+]

INFLATION RATE MOM 0.27 2014-03-31 0.25 15.46 -0.74 0.17 2014-06-30 Percent [+]

PRODUCER PRICES 102.93 2014-03-15 102.89 102.93 62.78 102.93 2014-04-30 Index

Points

[+]

INFLATION RATE 3.76 2014-03-31 4.23 179.73 2.91 3.80 2014-06-30 Percent [+]
http://www.tradingeconomics.com/mexico/core-inflation-ratehttp://www.tradingeconomics.com/mexico/core-inflation-ratehttp://www.tradingeconomics.com/mexico/core-inflation-ratehttp://www.tradingeconomics.com/mexico/consumer-price-index-cpihttp://www.tradingeconomics.com/mexico/consumer-price-index-cpihttp://www.tradingeconomics.com/mexico/consumer-price-index-cpihttp://www.tradingeconomics.com/mexico/consumer-price-index-cpihttp://www.tradingeconomics.com/mexico/core-consumer-priceshttp://www.tradingeconomics.com/mexico/core-consumer-priceshttp://www.tradingeconomics.com/mexico/core-consumer-priceshttp://www.tradingeconomics.com/mexico/core-consumer-priceshttp://www.tradingeconomics.com/mexico/export-priceshttp://www.tradingeconomics.com/mexico/export-priceshttp://www.tradingeconomics.com/mexico/export-priceshttp://www.tradingeconomics.com/mexico/gdp-deflatorhttp://www.tradingeconomics.com/mexico/gdp-deflatorhttp://www.tradingeconomics.com/mexico/import-priceshttp://www.tradingeconomics.com/mexico/import-priceshttp://www.tradingeconomics.com/mexico/import-priceshttp://www.tradingeconomics.com/mexico/inflation-rate-momhttp://www.tradingeconomics.com/mexico/inflation-rate-momhttp://www.tradingeconomics.com/mexico/producer-priceshttp://www.tradingeconomics.com/mexico/producer-priceshttp://www.tradingeconomics.com/mexico/producer-priceshttp://www.tradingeconomics.com/mexico/inflation-cpihttp://www.tradingeconomics.com/mexico/inflation-cpihttp://www.tradingeconomics.com/mexico/inflation-cpihttp://www.tradingeconomics.com/mexico/inflation-cpihttp://www.tradingeconomics.com/mexico/inflation-cpihttp://www.tradingeconomics.com/mexico/producer-priceshttp://www.tradingeconomics.com/mexico/producer-priceshttp://www.tradingeconomics.com/mexico/inflation-rate-momhttp://www.tradingeconomics.com/mexico/inflation-rate-momhttp://www.tradingeconomics.com/mexico/import-priceshttp://www.tradingeconomics.com/mexico/import-priceshttp://www.tradingeconomics.com/mexico/gdp-deflatorhttp://www.tradingeconomics.com/mexico/gdp-deflatorhttp://www.tradingeconomics.com/mexico/export-priceshttp://www.tradingeconomics.com/mexico/export-priceshttp://www.tradingeconomics.com/mexico/core-consumer-priceshttp://www.tradingeconomics.com/mexico/core-consumer-priceshttp://www.tradingeconomics.com/mexico/core-consumer-priceshttp://www.tradingeconomics.com/mexico/consumer-price-index-cpihttp://www.tradingeconomics.com/mexico/consumer-price-index-cpihttp://www.tradingeconomics.com/mexico/consumer-price-index-cpihttp://www.tradingeconomics.com/mexico/core-inflation-ratehttp://www.tradingeconomics.com/mexico/core-inflation-rate


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Actual Previous Highest Lowest Forecast Dates Unit Frequency

4.80 4.65 5.93 2.22 4.70 | 2014/04 1994 - 2014 Percent Monthly NS

Mexico Unemployment Rate Up to 4.8% in March

Mexican unadjusted jobless rate rose to 4.8 percent in March of 2014, up from

4.65 percent in February and 4.51 percent a year earlier. Upon seasonal

adjustment, the unemployment rate rose to its highest in more than one year to

5.25 percent. 95.2 percent of the economically active population was employed

in March, but underemployment rose 0.28 percent on a seasonally adjusted

basis in March from February, to 8.3 percent.The labor force participation rate

was recorded at 58.81 percent in March, up from 57.83 percent a year

earlier.Among regions, Tabasco recorded the highest jobless rate (6.71

percent), followed by Coahuila de Zaragoza (6.36 percent), while Guerrero


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recorded the lowest one (2.04percent). In the Federal District, unemployment

rate rose to 6.26 percent from 5.83 percent in February.

Calendar GMT Country Event Reference Actual Previous Consensus Forecast

2014-01-17 02:00 PM Mexico Unemployment Rate Dec 2013 4.25% 4.47% 4.33% 4.6%

2014-02-24 02:00 PM Mexico Unemployment Rate Jan 2014 5.05% 4.25% 4.6%

2014-03-24 02:00 PM Mexico Unemployment Rate Feb 2014 4.65% 5.05% 4.6%

2014-04-22 02:00 PM Mexico Unemployment Rate Mar 2014 4.8% 4.65% 4.2% 4.6%

2014-05-22 02:00 PM Mexico Unemployment Rate Apr 2014 4.8% 4.7%

2014-06-23 02:00 PM Mexico Unemployment Rate May 2014 4.7%

Labour Last Previous Highest Lowest Forecast Unit

POPULATION 116.90 2012-

12-31

114.79 116.90 36.94 120.24 2014-

06-30

Million [+

EMPLOYEDPERSONS

50243493.00

2013-11-15

49576734.00 50243493.00 37970852.00

50184352.39 2014-03-31

[+

LABOUR COSTS 94.40 2014-

01-15

124.90 127.55 79.32 96.80 2014-

02-28

Index

Points

[+

PRODUCTIVITY 108.10 2014-01-15

108.50 113.60 89.09 107.33 2014-02-28

IndexPoints

[+
http://www.tradingeconomics.com/mexico/populationhttp://www.tradingeconomics.com/mexico/populationhttp://www.tradingeconomics.com/mexico/populationhttp://www.tradingeconomics.com/mexico/employed-personshttp://www.tradingeconomics.com/mexico/employed-personshttp://www.tradingeconomics.com/mexico/employed-personshttp://www.tradingeconomics.com/mexico/employed-personshttp://www.tradingeconomics.com/mexico/labour-costshttp://www.tradingeconomics.com/mexico/labour-costshttp://www.tradingeconomics.com/mexico/labour-costshttp://www.tradingeconomics.com/mexico/productivityhttp://www.tradingeconomics.com/mexico/productivityhttp://www.tradingeconomics.com/mexico/productivityhttp://www.tradingeconomics.com/mexico/productivityhttp://www.tradingeconomics.com/mexico/productivityhttp://www.tradingeconomics.com/mexico/labour-costshttp://www.tradingeconomics.com/mexico/labour-costshttp://www.tradingeconomics.com/mexico/employed-personshttp://www.tradingeconomics.com/mexico/employed-personshttp://www.tradingeconomics.com/mexico/employed-personshttp://www.tradingeconomics.com/mexico/populationhttp://www.tradingeconomics.com/mexico/population


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RETIREMENT AGEMEN

65.00 2013-01-01

65.00 65.00 65.00 65.00 2014-06-30

[+

RETIREMENT AGEWOMEN

65.00 2013-01-01

65.00 65.00 65.00 65.00 2014-06-30

[+

UNEMPLOYEDPERSONS

2432291.00

2013-11-15

2732601.00 2925045.00 915418.00 2533258.90 2014-03-31

[+

WAGES 281.95 2014-

02-15

282.32 282.32 124.36 279.80 2014-

03-31

MXN/DA

Y

[+

WAGES INMANUFACTURING

97.20 2014-01-15

118.40 124.00 92.40 93.98 2014-02-28

IndexPoints

[+

UNEMPLOYMENT

RATE

4.80 2014-

03-31

4.65 5.93 2.22 4.70 2014-

04-30

Percent [+

MINIMUM WAGES 65.58 2014-03-31

65.58 65.58 0.01 65.39 2014-06-30

MXN [+
http://www.tradingeconomics.com/mexico/retirement-age-menhttp://www.tradingeconomics.com/mexico/retirement-age-menhttp://www.tradingeconomics.com/mexico/retirement-age-menhttp://www.tradingeconomics.com/mexico/retirement-age-womenhttp://www.tradingeconomics.com/mexico/retirement-age-womenhttp://www.tradingeconomics.com/mexico/retirement-age-womenhttp://www.tradingeconomics.com/mexico/unemployed-personshttp://www.tradingeconomics.com/mexico/unemployed-personshttp://www.tradingeconomics.com/mexico/unemployed-personshttp://www.tradingeconomics.com/mexico/unemployed-personshttp://www.tradingeconomics.com/mexico/wageshttp://www.tradingeconomics.com/mexico/wageshttp://www.tradingeconomics.com/mexico/wages-in-manufacturinghttp://www.tradingeconomics.com/mexico/wages-in-manufacturinghttp://www.tradingeconomics.com/mexico/wages-in-manufacturinghttp://www.tradingeconomics.com/mexico/wages-in-manufacturinghttp://www.tradingeconomics.com/mexico/unemployment-ratehttp://www.tradingeconomics.com/mexico/unemployment-ratehttp://www.tradingeconomics.com/mexico/unemployment-ratehttp://www.tradingeconomics.com/mexico/minimum-wageshttp://www.tradingeconomics.com/mexico/minimum-wageshttp://www.tradingeconomics.com/mexico/minimum-wageshttp://www.tradingeconomics.com/mexico/minimum-wageshttp://www.tradingeconomics.com/mexico/minimum-wageshttp://www.tradingeconomics.com/mexico/unemployment-ratehttp://www.tradingeconomics.com/mexico/unemployment-ratehttp://www.tradingeconomics.com/mexico/unemployment-ratehttp://www.tradingeconomics.com/mexico/wages-in-manufacturinghttp://www.tradingeconomics.com/mexico/wages-in-manufacturinghttp://www.tradingeconomics.com/mexico/wages-in-manufacturinghttp://www.tradingeconomics.com/mexico/wageshttp://www.tradingeconomics.com/mexico/wageshttp://www.tradingeconomics.com/mexico/unemployed-personshttp://www.tradingeconomics.com/mexico/unemployed-personshttp://www.tradingeconomics.com/mexico/unemployed-personshttp://www.tradingeconomics.com/mexico/retirement-age-womenhttp://www.tradingeconomics.com/mexico/retirement-age-womenhttp://www.tradingeconomics.com/mexico/retirement-age-womenhttp://www.tradingeconomics.com/mexico/retirement-age-menhttp://www.tradingeconomics.com/mexico/retirement-age-menhttp://www.tradingeconomics.com/mexico/retirement-age-men

Documents

Project on Mexico