BRIEF-Moody's Says Most Mexican Corporates Hurt By Lower Economic Growth & Pandemic Outbreak

Sept 17 (Reuters) -

* MOODY'S SAYS MOST MEXICAN CORPORATES HURT BY LOWER ECONOMIC GROWTH AND PANDEMIC OUTBREAK

* MOODY'S SAYS EXPORT AND TOURISM-DEPENDENT SECTORS TO REMAIN UNDER ECONOMIC STRESS BEYOND 2021 FOR MEXICO

* MOODY'S SAYS MEXICO'S TOURISM SECTOR WILL NOT RETURN TO PRE-PANDEMIC ACTIVITY UNTIL 2023

* MOODY'S SAYS WHILE MEXICO'S OVERALL CONSUMER ENVIRONMENT WILL IMPROVE IN 2021, HOUSING MARKET WILL NOT RECOVER TO PRE-PANDEMIC LEVELS UNTIL 2022 END

* MOODY'S SAYS MEXICO'S AIR TRAFFIC WILL SEE PROLONGED RECOVERY, NOT NEARING PRE-COVID LEVELS BEFORE 2023

* MOODY'S SAYS FORESEE LITTLE RELIEF IN 2021 FOR THE HARD-HIT AIRLINE, AIRPORT, OR HOTEL AND LODGING SECTORS IN MEXICO

* MOODY'S SAYS SECTORS THAT SERVE CONSUMERS, INCLUDING PACKAGED FOOD AND TELECOM, WILL EXPERIENCE A GRADUAL RECOVERY IN 2021 IN MEXICO

* MOODY'S SAYS LIQUIDITY RISK REMAINS HIGH FOR MEXICO'S PEMEX AT TIME OF DECLINING PRODUCTION, REDUCED FUEL DEMAND & SIGNIFICANT DEBT MATURITIES Source text for Eikon:

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