Mexico’s brighter prospects for 2016 make it a standout in Latin America

Mexico's prospects for 2016 are among the brightest of Central and Latin American countries. Its GDP expanded by approximately 2.5% in 2015 and early forecasts for 2016 project growth of 2.6%. The country's inflation rate was roughly 2.1% in 2015, but is expected to rise in 2016 after Mexico's government raised interest rates in Dec-2015 to combat the depreciation of the MXN against the USD.