# Mexico’s economy shows mixed signals toward end of 2023 - Dallasfed.org

> A Dallas Fed analysis finds Mexico's economy showed mixed signals at the end of 2023, with Q3 GDP up 3.6% quarter over quarter and formal employment growth sluggish. Consensus expects 2023 growth above 3%, while inflation ticked up to 4.7% year over year in December.

- Date: 2024-01-19 · published 2024-01-19T12:00:00.000Z
- Category: report · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/32332-mexico-s-economy-shows-mixed-signals-toward-end-of-2023-dallasfed-org
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Mexico is a major importer of US feed grains and meal, so domestic demand and inflation shape feed demand. The report describes the economic backdrop and does not point to a specific price move.

## Sources

- dallasfed.org: https://www.dallasfed.org/research/update/mex/2024/2401

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.