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
Mexico City. The start of classes for millions of Mexican students takes place in the month of August and with it, the implication of important expenses related to education such as the purchase of supplies, uniforms, educational materials, as well as the payment of school fees or tuition either for studies in our country or … Read more
Mexico City. The results for June 2024 of the Monthly Survey of the Manufacturing Industry (Emim) showed a decline in the use of production factors: personnel employed, hours worked and average real wages, according to figures from the National Institute of Statistics and Geography (Inegi). In June 2024, the manufacturing industry reported a monthly decrease … Read more
Mexico City. Inflation in Mexico accelerated for the fifth consecutive month, reaching an annual rate of 5.57 percent in July, the highest increase in consumer prices since May 2023, according to data from the National Institute of Statistics and Geography (Inegi). The largest increase was again in fruits and vegetables, with an annual increase of … Read more
Mexico City. Pessimistic expectations about the country’s economic situation in 12 months have dampened the confidence of Mexican consumers, according to data from the National Institute of Statistics and Geography (INEGI). Mexican sentiment, measured by the Consumer Confidence Indicator (CCI), stood at 46.9 points in July, which represented a decrease of 0.4 points compared to … Read more
Mexico received 21.8 million international tourists (travelers residing abroad who stayed overnight in the country) during the first half of 2024, which represented an annual growth of 6.24 percent, and reached a total expenditure of 17,578 million dollars, 7.70 percent more than in the first half of last year, revealed figures from the National Institute … Read more
In Mexico, a preliminary estimate of 31,062 homicides were recorded in 2023, a figure lower than the 33,287 reported in 2022, which was slowly declining from a peak of 36,685 in 2018, according to the National Institute of Statistics and Geography (Inegi). According to the preliminary homicide report from January to December 2023, prepared by … Read more
Private consumption fell 0.4 percent in May compared to April, marking two months of negative growth, the National Institute of Statistics and Geography (INEGI) reported on Friday. In its annual variation, the Monthly Indicator of Private Consumption (IMCP) for the fifth month of 2024 showed an advance of 2.8 percent. The lower monthly dynamism reported … Read more
Mexico City. Job losses in industry and agriculture in June wiped out the cumulative job creation seen in the first five months of 2024, according to figures from the National Institute of Statistics and Geography (INEGI). According to the National Survey of Occupation and Employment (ENOE), the employed population in the country amounted to 58.95 … Read more
In July, the automotive industry in Mexico was at two speeds in production and export, reported the National Institute of Statistics and Geography (INEGI). According to the Administrative Registry of the Light Vehicle Automotive Industry (Raiavl), kept by Inegi, the production of light vehicles in Mexico reached a volume of 302,309 units, which represented an … Read more