Mexico Metropolis. The final price of products and providers in Mexico fell barely within the first half of Might, registering a lower of 0.21 p.c in comparison with the instantly earlier fortnight. At an annual fee, inflation was 4.78 p.c and inside it there was no progress equal to that of fruit and veggies, which … Read more
Mexico Metropolis. The Financial institution of Mexico (BdeM) expects the native economic system to reactivate within the second and third quarters of the 12 months, after the weak point of the final three months of 2023 was extended within the first, in keeping with the minutes of the newest coverage choice. financial launched this Thursday. … Read more
Mexico Metropolis. The Mexican Chapter of the Worldwide Chamber of Commerce (ICC Mexico) offered this Thursday a package deal of 5 concrete proposals that, from the viewpoint of the non-public sector, ought to be the axes of the subsequent administration’s technique to enhance the financial progress of Mexico. At a press convention, the enterprise group … Read more
Mexico Metropolis. The rise within the costs of fruit and veggies, in addition to hen and residential possession, led to annual basic inflation in Mexico accelerating once more in April, for the second consecutive month, in line with figures from the Nationwide Institute of Statistics and Geography (Inegi). ). Common month-to-month inflation in Mexico was … Read more
Mexico Metropolis. The governing board of the Financial institution of Mexico (BdeM) stored its reference rate of interest unchanged at a degree of 11 p.c, within the face of better inflationary pressures that additionally led it to barely elevate its inflation forecasts for the top of the yr. In its financial coverage assertion, the central … Read more
Mexico City. The flow of remittances that Mexico received in March 2024 registered an annual drop of 3.3 percent, which put an end to a streak of 46 months of increases, which began in May 2020, that is, at the beginning of the confinement due to the covid-19 pandemic, official data reveal. According to figures … Read more
Mexico City. Claudia Sheinbaum Pardo, candidate of the Let’s Keep Making History coalition (Morena, PVEM and PT) for the Presidency of the Republic, considered that in electoral matters only the process of June 2 is missing. This after at the 2024 National Meeting of Regional Directors of BBVA Mexico, the moderator asked him if Has … Read more
Mexico City. Gross fixed investment and household consumption of goods and services showed strength in February, as they grew 0.7 and 0.6 percent at a monthly rate, respectively, reported the National Institute of Statistics and Geography. The Monthly Indicator of Gross Fixed Capital Formation – which shows companies’ spending on machinery, transportation and construction equipment … Read more
Mexico City. The deterioration of the perception of the expected economic situation for households and for the country, as well as the fear of price increases, stagnated the level of confidence of Mexican consumers, which will be reflected in their pockets, revealed data from the National Institute of Statistics and Geography (Inegi). Mexican sentiment, measured … Read more
Mexico City. The automotive industry in Mexico maintained good progress in the first four months of the year, with a positive balance in shipments abroad, in its total production and in sales in the domestic market, reported data from the National Institute of Statistics and Geography (Inegi). ). According to the Administrative Registry of the … Read more