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The
National Statistical Institute (INEGI, Instituto Nacional de
Estadística Geografía e Informática) reports:
In
March, the trade balance incurred a deficit of US$ 162 million,
according to preliminary data. The February reading follows on a
brief episode of a positive trade balance observed in February, when
Mexico incurred the
first trade surplus since 1997. In February, Mexico's exports were
boosted by surging oil prices. The annual
trade deficit, which had dropped from US$ 7.6 billion in January to US$ 6.9 billion
in February, dropped further to US$ 6.7 billion in March.
Trade Balance,
March 2002 - March 2003
Source: Instituto Nacional
de Estadística Geografía e Informática (INEGI) and LatinFocus calculations.
Additional information
available in Spanish.
Forecasts: This indicator is covered in the
LatinFocus Consensus Forecast. For 5-year projections, including quarterly forecasts for
the next two years, please click here
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