# Mexican economy grew for sixth consecutive quarter in Q1

> Mexico's economy grew for a sixth consecutive quarter in the first quarter of 2023. Analysts said fading growth momentum and falling inflation could let the central bank take a more dovish tone after its recent pause in rate hikes.

- Date: 2023-05-26 · published 2023-05-26T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/36165-mexican-economy-grew-for-sixth-consecutive-quarter-in-q1
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Slowing Mexican growth and possible rate cuts weigh on the peso, which would raise dollar-priced feed import costs for Mexican buyers.

## Read by commodity

- USDMXN: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/world/americas/mexico-economy-grows-10-q1-line-with-projections-2023-05-26/

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