In 2023, the gross domestic product (GDP) of the culture sector reported an amount of 820,963 million pesos, which represented an annual growth of 2.6 percent, revealed the National Institute of Statistics and Geography (Inegi). The Institute, which presented the results of the update of the Cultural Satellite Account of Mexico (CSCM) 2023, which provides … Read more
The heavy vehicle sector reported a mixed balance at the end of October 2024, due to the annual drop in production and export of units; while in sales they accelerated the pace compared to October 2023, figures from the National Institute of Statistics and Geography (Inegi) revealed. At the end of October 2024, the heavy … Read more
Mexico City. The motor industry in Mexico recovered from the slump into which it fell in September, by selling 122,051 light vehicles nationwide, which represented an advance of 7.03 percent compared to the same month in 2023, according to data from the National Institute of Statistics and Geography (Inegi). According to the progress of sales … Read more
Mexico City. The Mexican economy stagnated its growth and will show weak behavior in the first quarter of 2025, suggests the Composite Indicator System: coincident and leading, calculated by Inegi. The National Institute of Statistics and Geography (Inegi) specified that the leading indicator, which suggests the behavior of the economy in the short term, was … Read more
Given the zero growth in exports and the fall in imports, Mexico’s trade balance reported a deficit of 578.9 million dollars during September, revealed the National Institute of Statistics and Geography (Inegi). In the first nine months of 2024, the trade balance, an economic record that lists the difference that exists between the goods sold … Read more
The federal government is working on developing a strategy that will reduce the deficit in public finances by 2025, announced President Claudia Sheinbaum. The president considered that there are conditions to achieve this. Even, he pointed out, We are making a very important effort for the 2024 budget closing, which is going very well. Everything … Read more
The timely monthly indicator of manufacturing activity (Imoam) anticipated that the sector maintained its contraction in September, reported the National Institute of Statistics and Geography (Inegi). For September 2024, the Imoam stood at 105.1 points, which pointed to an annual drop of 1.1 percent in manufacturing activity. This decline would come after the evolution of … Read more
Mexico City. Industrial production in August fell 0.5 percent compared to July, data that was driven by the negative dynamism of construction and which ended an upward streak of three consecutive months, the National Institute of Statistics and Geography (Inegi) reported this Friday. According to the Monthly Indicator of Industrial Activity (IMAI), in the eighth … Read more
Mexico City. During 2023, in Mexico, 2 million 226 thousand 3 preliminary investigations, investigations and investigation files were initiated or opened in prosecutors’ offices of the Public Ministry of the Attorney General’s Office (FGR) and in the state Attorney General’s Offices or Attorney General’s Offices ( FGE), which represented its highest level since 2013, revealed … Read more
Mexico City. Mexico’s labor market saw a decline in August, as 626,770 jobs were lost compared to the previous month, the National Institute of Statistics and Geography (Inegi) reported this Friday. According to the National Occupation and Employment Survey (ENOE), in the eighth month of 2024 the number of men and women and employed men … Read more