Vehicle production and export records

Vehicle production and export records

Automobile production in Mexico reached 378 thousand vehicles, while the export of units was greater than 315 thousand, data that placed September as the best ninth month for the automotive industry since records were recorded, the National Institute of Statistics reported this Friday. and Geography (Inegi). The industrial sector that generates the most foreign currency … Read more

Labor statistics point to stagnation in July 2024

Labor statistics point to stagnation in July 2024

The global personnel and remuneration indices (IGPERSE), which aggregate information from four sectors of the Mexican economy (manufacturing, construction, commerce and private non-financial services) and seek to reflect labor demand, reported a monthly stagnation in employment and a decrease in salaries during July 2024, revealed data from the National Institute of Statistics and Geography (Inegi). … Read more

Northern states maintain leadership in exports

Northern states maintain leadership in exports

Mexico City, At the end of the second quarter of 2024, Chihuahua, Coahuila, Baja California, Nuevo León, Tamaulipas and Guanajuato, mainly states on the northern border, contributed 59 percent to the total value of exports. According to information from the National Institute of Statistics and Geography (Inegi), when presenting the results of the Quarterly Exports … Read more

Mexico’s economic activity grows 2% in July: Inegi

Mexico’s economic activity grows 2% in July: Inegi

Mexico City., The Mexican economy recorded three months of growth in July and in its annual comparison achieved its best increase in the last four months, according to figures from the National Institute of Statistics and Geography (Inegi). Inegi estimated that the global indicator of economic activity (IGAE), a monthly indicator of the national gross … Read more

Sales in Mexico fall 1.5% annually in July: Inegi

Sales in Mexico fall 1.5% annually in July: Inegi

Mexico City., With strength in online sales, groceries and household goods, trade in Mexico rebounded in July 2024, after its previous monthly stumble, although it continued to contract compared to the same month last year, revealed the National Institute of Statistics and Geography (Inegi). According to the Commercial Business Indicators (Emec), calculated by Inegi, real … Read more

Consumer confidence increased by 0.5 points: Inegi

Consumer confidence increased by 0.5 points: Inegi

Following a setback in the previous month, Mexican consumer confidence improved in August, encouraged by the country’s current economic situation compared to 12 months ago and the expected situation of household members in 12 months compared to the current situation, according to data from the National Institute of Statistics and Geography (INEGI). Mexican sentiment, measured … Read more

Spending by international tourists increased only 0.5 percent in July

Spending by international tourists increased only 0.5 percent in July

Spending by international tourists arriving in Mexico during the month of July reached 2,497.5 million dollars, only 0.5 percent more than in the same month in 2023, while the arrival of travelers from around the world reached 3.99 million, according to figures from the National Institute of Statistics and Geography (Inegi). According to the International … Read more

Inflation slows due to lower prices for agricultural products

Inflation slows due to lower prices for agricultural products

Given the partial fall in prices with greater volatility, particularly for fruits and vegetables, as well as in services related to tourism, general inflation in Mexico showed a slowdown for the first time in six months, reaching 4.99 percent annually in August, revealed the National Institute of Statistics and Geography (Inegi). Based on data from … Read more

Private consumption increased by 0.1% in June: Inegi

Private consumption increased by 0.1% in June: Inegi

After two consecutive declines, private consumption in Mexico registered a monthly advance in June, supported by spending on national goods and services, and slowed its advance compared to June of last year, reported the National Institute of Statistics and Geography (Inegi). This morning, Inegi published the Monthly Indicator of Private Consumption (IMCP), which assessed that … Read more