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QoQ Change in Preliminary Quarterly GDP in Mexico

Country:
MXPMexico
Importance:
★★
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About QoQ Change in Preliminary Quarterly GDP in Mexico

The preliminary figure of quarterly Gross Domestic Product (GDP) (quarter-on-quarter) is an indicator measuring Mexico's economic growth rate, showing how much the GDP of a specific quarter has changed compared to the previous quarter. This data is published by Mexico's National Institute of Statistics and Geography (INEGI) and represents initial preliminary estimates.

Quarter-on-quarter data helps in understanding the short-term growth trends of GDP. An increase in GDP indicates economic expansion, showing active investment and consumption. Conversely, a decrease in GDP suggests the economy may be stagnating or contracting.

This data serves as crucial reference material for policymakers to assess the health of the economy and formulate appropriate economic policies. It also provides important information for businesses and investors to assess economic growth trends and outlooks.

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