Driven by services and industry, GDP grew 0.2% in the 2nd quarter

Driven by services and industry, GDP grew 0.2% in the 2nd quarter

Mexico City. The growth of the gross domestic product (GDP) confirmed the low dynamism of the Mexican economy, with a growth of 0.2 percent in the second quarter of 2024, which brought annual growth to 1.1 percent in real terms, with figures adjusted for seasonality, revealed the National Institute of Statistics and Geography (Inegi). According … Read more

Mexico takes the gold medal as an exporter; maintains sustained growth in the country

Mexico takes the gold medal as an exporter; maintains sustained growth in the country

Since 2007, the first Friday in August is celebrated around the world as International Beer Day, one of the most important industries for Mexico and which makes it a global power. According to Cerveceros de México, our country is the fourth largest beer producer in the world and in 2023 it was the main exporter. … Read more

Perception of insecurity in Mexico improves during the second quarter

Perception of insecurity in Mexico improves during the second quarter

Mexico City. Nationally, 59.4 percent of the population aged 18 and over in Mexico considered it unsafe to live in their city. According to the National Institute of Statistics and Geography (INEGI), this represented “a statistically significant change” compared to the percentages of 61 percent in March and 62.3 percent in June 2023. Following the … Read more

Notion of insecurity falls in 6 years at nationwide stage and within the capital

Notion of insecurity falls in 6 years at nationwide stage and within the capital

Mexico Metropolis. Within the remaining stretch of Andrés Manuel López Obrador’s administration, the notion of insecurity among the many Mexican inhabitants was among the many lowest within the current decade, in accordance with knowledge from the Nationwide Institute of Statistics and Geography (INEGI). Nationally, this evaluation fell by 14.3 proportion factors throughout López Obrador’s authorities, … Read more

Annual inflation rose to 4.8% in June, Inegi experiences

Annual inflation rose to 4.8% in June, Inegi experiences

Mexico Metropolis. Annual inflation in Mexico rose to 4.98 % in June, its highest degree in 12 months, pushed by the costs of fruit and veggies, the Nationwide Institute of Statistics and Geography (Inegi) revealed. With this determine, the worth indicator has accrued 4 consecutive months of will increase. In Could it was 4.69 % … Read more

Inegi: productive funding grew 10.5% yearly

Inegi: productive funding grew 10.5% yearly

Mexico Metropolis. On the finish of April, gross mounted funding in Mexico continued its advance, with development as the primary driver, whereas non-public consumption fell, primarily as a result of lower in spending on nationwide items, in response to figures from the Nationwide Institute of Statistics and Geography (Inegi). Gross mounted funding – ​​which incorporates … Read more

Manufacturing orders finish the primary half of the yr in contraction zone

Manufacturing orders finish the primary half of the yr in contraction zone

Mexico Metropolis. After 5 consecutive months above the growth threshold, manufacturing exercise in Mexico closed the primary half of 2024 beneath it, revealed the Nationwide Institute of Statistics and Geography (Inegi). On the finish of June this yr, the Manufacturing Orders Indicator (IPM), which permits us to know the expectations and notion of enterprise managers … Read more

Cruise passenger arrivals grew 2.2% in April, Sectur stories

Cruise passenger arrivals grew 2.2% in April, Sectur stories

Mexico Metropolis. Within the first 4 months of the yr, a complete of three million 885 thousand cruise vacationers arrived on the completely different ports of our nation, which represented a rise of two.2 p.c in comparison with the identical interval final yr, introduced the Ministry of Tourism. (Sectur). In keeping with figures from the … Read more

Annual inflation for the primary half of June was 4.78 p.c

Annual inflation for the primary half of June was 4.78 p.c

Annual normal inflation in Mexico for the primary half of June was 4.78 p.c, larger than anticipated by analysts who anticipated a price of 4.71 p.c, as a result of improve in agricultural costs and the summer season season, in accordance with information from the Nationwide Institute of Statistics and Geography (INEGI). Within the first … Read more

Household labor revenue achieved its highest stage

Household labor revenue achieved its highest stage

Mexico Metropolis. The labor revenue of Mexican households reached its highest stage within the first quarter of 2024, simply earlier than the June elections. In accordance with the Nationwide Council for the Analysis of Social Improvement Coverage (Coneval), in these first months of the 12 months, on account of their work, households had 4,108.07 present … Read more