Banxico keeps interest rate at record 11.25% amid inflation concerns and global trends
For the third consecutive time, the Bank of Mexico (Banxico) has kept its interest rate unchanged at 11.25%, a record...
August 10, 2023Topic
economic news Mexico
Mexico’s inflation records six-month decline and stands at 4.79% in July
Mexico's inflation has been decelerating for the past six months, registering a rate of 4.79% in July, the lowest since...
August 9, 2023
Relocation to Mexico boosts manufacturing and real estate sectors, Fitch reports
According to Fitch Ratings, the shift of global value chains towards Mexico benefits non-financial corporations, local manufacturers, and the industrial...
August 8, 2023
Public safety concerns affect investment potential in Mexico, study says
The Center for Economic Studies of the Private Sector (CEESP) highlighted public safety as a significant challenge for economic growth...
July 25, 2023
Mexico’s inflation slows; central bank maintains restrictive stance
During the first half of July 2023, inflation in Mexico showed a slowdown, indicated by the National Consumer Price Index...
July 24, 2023
BBVA forecasts slowdown in Mexico’s manufacturing sector at the end of 2023
The Banco Bilbao Vizcaya Argentaria (BBVA) predicts a deceleration in Mexico's manufacturing sector in the latter half of 2023. This...
July 21, 2023 Projected slowdown in job creation in Mexico by the end of 2023 – BBVA
The Banco Bilbao Vizcaya Argentaria (BBVA) Financial Group forecasts a deceleration in the generation of formal employment in Mexico by...
July 18, 2023
Mexican currency closes at 16.89 pesos per dollar, its best level since 2015
The Mexican currency closed Wednesday's session at 16.8870 pesos per U.S. dollar, strengthening to its best level since December 2015,...
July 13, 2023
Mexico’s inflation drops to 5.06% in June, reaching lowest level since March 2021
Mexico's annual inflation rate dropped to 5.06% in June, reaching its lowest level since March 2021, according to the National...
July 7, 2023