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MISSION

Ecanal conducts economic research and analysis of economic trends in Mexico's risks and opportunities, and of government policy from the perspective of the private sector with a normative approach. It offers business a structured view of key economic issues and forecasts with a straightforward, direct language, as an aid to company planning.

WHERE IS THE ECONOMY? (10 January 2014)

Global growth is likely to be better in 2014 than it was last year, as the US recovery continues. In the euro zone, however, we do not expect any recovery to be significant or lasting, and even less so with the euro as strong as it is at present. Emerging markets will record higher growth only selectively, depending on whether they can spark their own domestic demand without too much inflation or too high current account deficits. China is likely to grow at lower rates than in past years.