Mexico, (Prensa Latina) Figures of the United States economy confirm that country is nearing a recession, comments Friday Mexican newspaper El Financiero.
The specialized publication says that proof of that is the negligible increase in US orders of industrial products of 0.1 per cent in November and the volatile component of transport registered a decrease of 0.7 per cent.
At the stock exchange, the Industrial Dow Jones Index fell 1.42 per cent and the biggest contraction occurred in the technology market Nasdaq index, whose main indicator fell by 1.75 per cent.
The effects of this situation, adds El Financiero, extended to the Sao Paulo exchange which fell 0.80 percent while in Buenos Aires the descent was 0.53 and that of Santiago de Chile showed 0.58 percent decrease.
Mexican stock operations were not exempt and showed a backdrop of 1.20 per cent, affecting the monetary parity US dollar-peso, taking the rate of the latter down by 5.8 cents.
Less growth in production of industrial products in the US will have negative effects for Mexican exports, 80 per cent of which go to the northern nation, concludes the newspaper.