mexican economy
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Mexico
Mexico’s 10 biggest business and economics stories of 2024
With a significant depreciation of the Mexican peso, five interest rate cuts, Tesla’s announcement that its Nuevo León gigafactory project…
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Mexico
Hecho en México to be revived by Economy Ministry
President Claudia Sheinbaum’s government is seeking to revive the brand Hecho en México to boost production and consumption of Mexican-made…
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Mexico
Carlos Slim says Sheinbaum will boost investment in Mexico
The Mexican economy is currently slowing, but Carlos Slim offered an optimistic forecast for the years ahead after a meeting…
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Mexico
Under new reform, minimum wage increases must surpass inflation
The Senate on Wednesday approved a constitutional reform bill aimed at ensuring that annual increases to Mexico’s minimum wage are…
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Mexico
Mexico received more than US $6B in remittances in August
Remittances to Mexico increased more than 9% annually in August to reach their second highest monthly level on record, according…
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Mexico
Econ. Ministry adds feature to track investment trends in Mexico
Mexico’s Economy Ministry (SE) this week launched a new section in its DataMéxico platform designed to highlight private investment trends,…
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Mexico
Mexican exports to Canada hit record high in first half of 2024
While the majority of Mexico’s export revenue comes from products shipped to the United States, earnings from Mexican exports to…
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Mexico
Mexican peso strengthens against U.S. dollar for third day in a row
The Mexican peso appreciated against the US dollar for a third consecutive day on Thursday to trade well below 19…
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Mexico
Mexico’s investment announcements keep focus on manufacturing
Mexico continues to attract investors, though slightly behind the pace it set in 2023. On Monday, the Economy Ministry (SE)…
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Mexico
As inflation rises, Mexico’s central bank cuts interest rate to 10.75%
The Bank of Mexico (Banxico) announced a surprise cut to its key interest rate on Thursday, just hours after data…
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