Mexico’s Economic Outlook Adjusted, Rising Cost of Natural Disasters

Banxico survey cuts Mexico's economic outlook with lower GDP growth and more inflation. The economic cost of natural disasters has more than doubled since the 1980s, impacting global GDP. Simply Economics provides insights into the implications of these economic adjustments and the rising burden of natural disasters on countries worldwide.

Sources:
https://www.elfinanciero.com.mx/economia/2024/05/02/crecimiento-economico-pib-en-mexico-e-inflacion-en-2024-encuesta-banxico/
https://www.forbes.com.mx/costo-economico-de-los-desastres-naturales-se-eleva-a-mas-de-el-doble-desde-los-80-ocde/

Outline:
(00:00:00) Introduction
(00:00:40) Lower GDP Growth and More Inflation: Banxico Survey Cuts Mexico's Economic Outlook
(00:03:23) Economic cost of natural disasters more than doubles since 1980s: OECD