# Mexican economy sends mixed signals toward year-end - Dallasfed.org

> Mexico's proxy for monthly GDP dipped 0.1 percent in November after four months of gains. Formal sector jobs fell for the first time since January 2021, and November CPI rose 7.8 percent year on year, while the peso strengthened.

- Date: 2022-12-27 · published 2022-12-27T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/38446-mexican-economy-sends-mixed-signals-toward-year-end-dallasfed-org
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Softer domestic activity and weaker employment could reduce demand for meat and feed in Mexico, while the stronger peso eases the cost of dollar-priced grain and meal imports.

## Read by commodity

- USDMXN: bearish ▼
- CHICKEN: bearish ▼

## Sources

- dallasfed.org: https://www.dallasfed.org/research/update/mex/2022/2208

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