Economy has maintained solid performance, despite global risks: SHCP

Economy has maintained solid performance, despite global risks: SHCP

Mexico City. Although geopolitical tensions have intensified and put new pressures on global trade, the Mexican economy has maintained a solid performance reflected in the results in the labor market and in the consolidation of the country as one of the most important destinations for investment. direct foreign investment worldwide, said Rogelio Ramírez de la … Read more

Manufacturing orders fall in March after 4 consecutive advances

Manufacturing orders fall in March after 4 consecutive advances

Mexico City. Manufacturing activity in Mexico fell in March, after four consecutive monthly advances, revealed the National Institute of Statistics and Geography (Inegi). At the end of March 2024, the Manufacturing Orders Indicator (MPI), which allows us to know the expectations and perception of business managers about the behavior of the manufacturing sector, stood at … Read more

Gross Fixed Investment advanced 0.1% in January, reports Inegi

Gross Fixed Investment advanced 0.1% in January, reports Inegi

Mexico City. Investment in total facilities, machinery and equipment in Mexico, of national and imported origin, grew 0.1 percent in real terms in January, compared to December, driven by residential construction and imported transportation equipment, figures from the National Institute revealed. of Statistics and Geography (Inegi). After having registered a monthly contraction of 1.8 percent … Read more

Weakness in private consumption persists, falling 0.6% monthly in January

Weakness in private consumption persists, falling 0.6% monthly in January

Mexico City. Dragged by the domestic sector, private consumption in Mexico started 2024 with a monthly contraction and less progress compared to January of last year, reported the National Institute of Statistics and Geography (Inegi). The Monthly Indicator of Private Consumption (IMCP) evaluated that spending by companies, families and individuals in Mexico showed a monthly … Read more

Vehicle sales rose 10.9%; its best first quarter since 2017

Vehicle sales rose 10.9%;  its best first quarter since 2017

Mexico City. The motor industry in Mexico achieved its best first quarter in sales of light vehicles since the same period in 2017, according to data from the National Institute of Statistics and Geography (Inegi). According to the progress of sales to the public in the domestic market of the Administrative Registry of the Automotive … Read more

They forecast an advance of 1.4% in manufacturing activity in February

They forecast an advance of 1.4% in manufacturing activity in February

Mexico City. The Timely Monthly Indicator of Manufacturing Activity (Imoam) estimated that manufacturing activity in Mexico accelerated its annual growth last February. According to the National Institute of Statistics and Geography (Inegi), Imoam forecasts an annual variation in the manufacturing sector of 1.4 percent in February 2024 compared to the same month in 2023, a … Read more

Mexico, among the 25 most attractive countries for foreign investment

Mexico, among the 25 most attractive countries for foreign investment

Mexico City. After four years outside the group of the 25 most attractive countries for foreign direct investment (FDI), Mexico was placed in 21st position in that group of nations last year, Kearney reported. In a global environment of decreased FDI flows, in the case of Mexico it has increased and one of the factors … Read more

Consumer confidence slowed down in March, reports Inegi

Consumer confidence slowed down in March, reports Inegi

Mexico City. The deterioration of the perception of the expected economic situation for Mexico, as well as of employment for the next 12 months, slowed down 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 through … Read more

Mexican economy will resume growth, cyclical indicators report

Mexican economy will resume growth, cyclical indicators report

Mexico City. After the stagnation that was recorded at the end of last year and the beginning of 2024, the Mexican economy will resume moderate growth for the second half of the year, suggests the Composite Indicator System: coincident and leading, calculated by Inegi. The National Institute of Statistics and Geography (Inegi) specified that the … Read more

Infonavit Launches ‘Clean Slate’ Program to Support Workers with Unpaid Mortgage Payments

Infonavit Launches ‘Clean Slate’ Program to Support Workers with Unpaid Mortgage Payments

The Institute of the National Housing Fund for Workers (Infonavit) launched a new program to support workers who have between one and nine unpaid monthly payments on their mortgage. Through the “Clean Slate” program, those monthly payments that were stopped are transferred to the total balance of the mortgage and the worker continues paying normally. … Read more