Mexico's External Accounts To Remain Stable

• According to Fitch, Mexico's modest current account deficit will narrow over the coming years, with the shortfall covered by capital inflows.
• Strong US demand for Mexican manufactured goods and improved terms of trade will narrow the goods trade deficit.
• However, Fitch notes risks to its outlook due to uncertainty surrounding the US passage of a revised NAFTA, potential AMLO policy shifts and recent oil price weakness. 

(Source: Fitch)