Story perspectives

Mexico's Economy Stalls Amid Tariffs and Sector Declines

7/24/2025

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Summary

Story summary

Mexico's economy experienced no growth in May, with only 0.4% annual growth, indicating a slowdown.
U.S. tariffs, including a 30% levy on Mexican imports, heighten economic uncertainty.
The services sector contracted by 0.4%, particularly affecting cultural and sporting services, which fell by 3.4%.
The primary sector saw a 5.4% annual increase, while the secondary sector declined by 0.4%.
Analysts forecast a mere 0.84% growth for the first half of 2025, the lowest since 2020.

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Story summary

Mexico's economy experienced no growth in May, with only 0.4% annual growth, indicating a slowdown.
U.S. tariffs, including a 30% levy on Mexican imports, heighten economic uncertainty.
The services sector contracted by 0.4%, particularly affecting cultural and sporting services, which fell by 3.4%.
The primary sector saw a 5.4% annual increase, while the secondary sector declined by 0.4%.
Analysts forecast a mere 0.84% growth for the first half of 2025, the lowest since 2020.