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GDP 1Q26: Weakness at the Beginning of the Year, Though with a Constructive Forward Vision - From Puebla
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Staff/RG Gross Domestic Product (1T26 P): 0.1% a/a (original figures); Banorte: 0.3%; consensus: 0.7% (range: -0.3% to 1.3%); previous: 1.8% Gross Domestic Product (1T26 P): -0.8% t/t (adjusted by seasonality); Banorte: -0.6%; consensus: -0.6% (range: -0.8% to -0.1%); previous: 0.9% At sectoral level, weakness was widespread. Primary activities fell 1.4% t/t spinning two quarters of decline despite favourable climatic conditions. Industry result…
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