# Mexico’s economic growth continues slowing; outlook worsens - Dallasfed.org

> Mexico's GDP contracted an annualized 1.7% in third quarter 2021, a downward revision from the initial estimate. Year-over-year growth in the monthly activity proxy slowed from 2.8% in September to 1.2% in November. Consensus 2022 GDP growth is 3.0%, and inflation reached a 20-year high in November.

- Date: 2021-12-31 · published 2021-12-31T12:00:00.000Z
- Category: macro · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/43822-mexico-s-economic-growth-continues-slowing-outlook-worsens-dallasfed-org
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md)

## Why it matters

Weaker Mexican growth and a softer peso can dampen demand for imported feed and meat, with limited direct effect on global feed prices.

## Sources

- dallasfed.org: https://www.dallasfed.org/research/update/mex/2021/2108

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