Mexico's Income Tax Take Falls 5.27% Real, First Drop in 17 Years
The SAT collected 2.205 trillion pesos in income tax from January to September 2026, a 5.27% real decline. Here is what it means for Hacienda's targets.
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AI-written summary- 01Mexico's Income Tax Take Falls 5.27% Real, First Drop in 17 Years
The SAT collected 2.205 trillion pesos in income tax from January to September 2026, 5.27% less in real terms, the first decline in 17 years, affecting Hacienda's targets.
- 02FATF adopts Mexico's anti-money-laundering evaluation, results due in December
The FATF adopted Mexico's anti-money-laundering evaluation and will publish the results in December. The report reviews the country's financial risk and will be published that month.
- 03Volaris Estimates $13 Million in Extra Costs from Airspace Fee Hike
Volaris estimates $13 million in extra costs in 2027 from the 10% hike in airspace fees approved by the Senate, according to the company's figures.
Volaris Estimates $13 Million in Extra Costs from Airspace Fee Hike
Volaris estimates $13 million in extra costs in 2027 from the 10% hike in airspace fees approved by the Senate. Here are the key figures.
FATF adopts Mexico's anti-money-laundering evaluation, results due in December
The FATF adopted Mexico's anti-money-laundering evaluation and will publish the results in December. What the report reviews and why it matters for the country's financia
BMW warns of 2027 income tax impact on its 50 dealerships, rules out price hikes
BMW warns that the 2027 income tax deduction cap pushes the effective rate for its dealerships as high as 50%. It rules out raising prices, and AMDA calls for a decree.
Senate approves 2027 fiscal package with 1.7 trillion in debt
The Senate approves the 2027 fiscal package with 1.7 trillion pesos in debt, limits on income tax and higher fees for government procedures. Here is what changes starting
Senate Debates Cap on Corporate Deductions and Tax Penalties Worth 10.63 Trillion Pesos
The Senate is debating limits on deductions for companies with revenue above 50 million pesos and the forgiveness of SAT penalties under the 2027 Economic Package. Here a
Canacar Holds Firm on October 26 Truckers' Strike in the Valley of Mexico
Canacar is pressing ahead with its October 26 mobilization, with blockades at toll booths across the Valley of Mexico. Here are the key points and where Segob stands on t
Consar assigns 9.4 million SAR accounts worth 121 billion pesos to Afore XXI Banorte
Consar assigns 9.4 million SAR accounts holding 121 billion pesos to Afore XXI Banorte. Here is what changes for your savings and how to check your account.
Mexico Sheds 401,000 Jobs Between January and September 2026
Mexico lost 401,000 jobs between January and September 2026, according to Inegi's ENOE survey. Informality and sector shifts explain the decline. Here are the key figures
Companies calculate provisional ISR payments up to 200% higher under the reform
The 2027 ISR reform raises companies' provisional payments by up to 200%. Here are the figures, dates and what to expect in the tax amparo lawsuits.
HR Ratings projects public debt at 61.2% of GDP by 2030, above Hacienda's target
HR Ratings projects that Mexico's public debt will reach 61.2% of GDP in 2030, above Hacienda's target. What it means for sovereign risk.
Mexico's CNA prepares to approve Volaris and Viva Aerobus merger by end of 2026
Mexico's CNA is preparing to approve the Volaris and Viva Aerobus merger before the end of 2026. Here are the conditions and what happens to routes between Guadalajara an
Grupo Gigante names José Antonio Meade chairman of its board
Meade will chair Grupo Gigante's board from 2027, after HSBC and Chedraui. Here is his track record and what comes next with the La Casa de Toño acquisition.
Sonora Halts Cattle Shipments to US After Mouth Lesions Detected in Agua Prieta
Sonora suspended cattle exports to the US after mouth lesions were detected in Agua Prieta. Here are the sanitary measures and when shipments could resume.
ECLAC projects Mexico's exports will grow 26%, ranking it second in Latin America
ECLAC projects Mexico's exports will grow 26% in 2026, placing it second in Latin America. Electronics and machinery drive the increase.
Televisa and Fintech Holdings Buy AT&T México for 2 Billion Dollars
Grupo Televisa and David Martínez's Fintech Holdings acquire AT&T México for 2 billion dollars. Here is what changes and when the deal closes.
Mexican Industry Grows 3.6% Year-Over-Year in August, Notching Three Straight Months of Gains
Mexico's industrial activity grew 3.6% year-over-year in August 2026 and extended its streak to three consecutive months of gains, according to Inegi. Here is what is dri
Mexico-U.S. rate differential hits 250-point low and pressures the peso
The peso closed at 18.41 per dollar, its weakest since 2025, with the Mexico-U.S. rate differential at a historic low. Here are the forecasts for 2027.
Santander, HSBC, Citi and Inbursa cut 4,130 jobs in a year
Four banks cut 4,130 jobs in Mexico in a year, with Santander leading the way. Here is the breakdown by institution and what the CNBV data shows.
United States reported 597,000 barrels of crude to Mexico, then corrected it
The U.S. recorded 597,027 barrels of crude to Mexico in June 2026 and then corrected the data: the destination was changed to Singapore. Pemex denies imports.
Peso closes at 18.20 per dollar after Banxico minutes
The peso closed on October 8 at 18.2025 per dollar, a 1.21% drop after Banxico's minutes. Here is what it means for imports, travel and remittances.
Mexican Peso Depreciates 1.3% and the Dollar Closes at 18.18 Pesos
The peso-dollar exchange rate closed at 18.18 units and the peso fell 1.3%. Banxico held its rate at 6.50% and the gap with the Fed narrowed to 250 basis points.
Government reconciles 110.8 billion pesos in pharma payments; industry asks for a level playing field
Pharma arrears: the government reconciled 110.8 billion pesos as of June 30; the industry estimates 14 billion pesos still outstanding and is calling for a level playing
NOAA assigns 75% probability to a historic Super El Niño in 2026
The 2026 Super El Niño has already crossed the 2 °C threshold and NOAA puts the odds of a historic episode at 75%. What it means for food and energy in Mexico.
EconomyMarkets & Currencies
Banxico-Fed Rate Differential Falls to Record Low of 250 Points
The rate gap between Banxico and the Fed fell to 250 basis points, the narrowest since 2015; consensus sees the peso at 17.50 per dollar at year-end.
EconomyMarkets & Currencies
Fed raises rates and the Mexican peso falls to 17.25 per dollar
The Mexican peso closed above 17.25 per dollar after the Fed's 25 basis point hike. Banxico decides on September 24 whether to hold its rate at 6.50%.
EconomyPrices & Consumers
CDMX rent surpasses Budapest and Athens: $936 a month
The average rent in CDMX now reaches 936 dollars a month and surpasses Budapest and Athens. Here is how much it costs to live in CDMX and what weighs most on the family b
EconomyCompanies & Business
Cooperativa Pascual Seeks Differentiated IEPS Tax Treatment and Dialogue with Treasury
Cooperativa Pascual, owner of Boing, is requesting differentiated tax treatment under the IEPS on flavored beverages as part of the 2027 Economic Package. Here is what it
EconomyMarkets & Currencies
Mexican Mix tops 105 dollars, above the price forecast by Hacienda
The Mexican Mix trades at 105 dollars per barrel, above the 61.8 assumption in the 2027 Economic Package. What it means for the country's public finances.
EconomyCompanies & Business
Digital Economy Law Proposes Cashless Payments With Connectivity Challenges
Mexico's new digital payments law aims to reduce cash use, but specialists point to connectivity and cost challenges for small businesses.
EconomyMarkets & Currencies
Analysts and Rating Agencies Watch Mexico's 2027 Economic Package as Finance Ministry Submits It to Congress Today
Analysts and rating agencies are tracking Mexico's 2027 Economic Package as the Finance Ministry presents it to Congress today: fiscal consolidation and investment-grade
EconomyTrade & Supply Chains
Mexico Auto Sales on Track for a Record Year in 2026 Despite Tariffs
Mexico's auto sales grew 4.7% between January and August 2026; AMDA projects an annual record despite U.S. tariffs on vehicles and auto parts.
EconomyPrices & Consumers
Finance Ministry Absorbs 90.78% of Diesel Excise Tax, Expands Gasoline Subsidies
Mexico's Finance Ministry raises the diesel subsidy to 90.78% of the IEPS excise tax and expands support for regular and Premium gasoline for the week of September 5-11.
EconomyCompanies & Business
1.9 Million Lines Ending in 1 Suspended in Mexico
1.9 million lines suspended for phone registration as of September 3. Did your number ending in 1 lose service? Here is how to get it back.
EconomyJobs & Income
Mexico's Informal Economy Reaches 25.2% of GDP, Highest Since 2005
Mexico's informal economy reached 25.2% of GDP in the first quarter of 2026, its highest level since 2005. Which states are driving the surge?
EconomyCompanies & Business
AMEXHI Puts the Investment for Fracking in Mexico at $108 Billion
AMEXHI estimates $108 billion is needed to produce gas through fracking in Mexico. Here is what the timelines look like and what role US gas imports play.
EconomyJobs & Income
Remittances Keep Growing in Dollars, but Have Lost Purchasing Power for 14 Straight Months
Remittances are growing in dollar terms, but have been losing purchasing power for 14 straight months. A single transfer yielded 7,438 pesos in July, less than the cost o
EconomyCompanies & Business
Foreign Investment Reform Tightens Scrutiny and Sets Fines of 23.5M Pesos
Sheinbaum's reform tightens scrutiny of foreign investment, brings Defense and the Navy onto the oversight body, and sets fines of up to 23.5 million pesos. Here is what
EconomyTrade & Supply Chains
Ebrard Travels to Miami to Negotiate 50% Steel and Aluminum Tariffs
Mexico's Economy Secretary travels to Miami to meet Lutnick on steel, aluminum, and auto tariffs during the USMCA review. What Mexico has at stake.
EconomyTrade & Supply Chains
USMCA in 'Zombie Mode': Investment in Mexico Falls 43% in Q2
The USMCA shifted to annual reviews after July 1; U.S.-Canada trade tensions slowed investment in Mexico, which fell 43%. Here are the scenarios.
EconomyMarkets & Currencies
Mexican Peso Closes Week at 17.03 per Dollar After Warsh Warning
The Mexican peso closes the week at 17.03 per dollar after Kevin Warsh's warning on U.S. inflation, with the exchange rate now hinging on the Fed's next move.
EconomyMarkets & Currencies
Banxico Raises Mexico's 2026 Growth Forecast to 1.5%
The Bank of Mexico raised its 2026 growth forecast to 1.5% and trimmed its 2027 estimate amid USMCA uncertainty. The GDP figures explained.
EconomyCompanies & Business
Mexico's Foreign Direct Investment Sets First-Half Record of $34.968 Billion
Mexico attracted $34.968 billion in foreign direct investment in the first half of 2026, a record for any January-June period, with 88.5% coming from reinvested earnings.
EconomyTrade & Supply Chains
Ebrard Travels to Washington to Negotiate Tariff Reductions
Economy Secretary Marcelo Ebrard is in Washington negotiating reductions on tariffs affecting steel, aluminum, and automobiles. Here is what could change this week.
EconomyTrade & Supply Chains
While the U.S. and Canada Escalate, Mexico Preserves 85% of Its Exports Tariff-Free
Mexico keeps 85 percent of its exports tariff-free as the U.S.-Canada trade dispute escalates. A USMCA lesson: preferential access is no longer automatic.
EconomyTrade & Supply Chains
50% Tariff on Canada: Ottawa Responds Dollar for Dollar
The US imposes a 50% tariff on Canadian goods worth approximately $20 billion after negotiations collapse; Ottawa responds dollar for dollar and pressures the USMCA revie
EconomyTrade & Supply Chains
Trump Announces Negotiations on a New Trade Deal with Mexico
Donald Trump announced his administration is working on a new trade deal with Mexico, even as the USMCA undergoes annual review. Economy Secretary Ebrard signals substant
EconomyMarkets & Currencies
ECLAC Projects Mexico to Grow 1.9% in 2027, Below Regional Average
ECLAC projects 1.9% growth for Mexico in 2027, below the regional average of 2.5%. The figure enters the debate around Mexico's 2027 Economic Package.
EconomyMarkets & Currencies
Scotiabank Warns Mexico Has 17 Years Left for a Tax Reform
Scotiabank proposes a federal pact for tax reform in Mexico: 17 years remain before the population pyramid reverses. Discover the proposal.
EconomyMarkets & Currencies
Accountants Forecast 2027 Fiscal Package Without New Taxes, With Heavier Enforcement
Mexican accountants expect the 2027 fiscal package to arrive without new taxes but with expanded SAT enforcement and AI-powered audits. Here is what changes for taxpayers
EconomyTrade & Supply Chains
AmCham Anticipates Steel Tariff Reduction in USMCA Review
AmCham expects the USMCA review to reduce, but not eliminate, the 50% tariffs on Mexican steel and aluminum; the export industry is watching 2027 closely.
EconomyCompanies & Business
Mexico's National Antitrust Commission Approves Paramount and Warner Bros. Discovery Merger
Mexico's National Antitrust Commission authorized the Paramount-Warner Bros. merger after eight months of review. Here is what changes for streaming in the country.
EconomyMarkets & Currencies
Mexican Peso Breaks Through the 17-per-Dollar Floor
The Mexican peso breaks through the 17-per-dollar floor and closes its fourth consecutive week of gains. What the strong peso means for remittances and your wallet.
EconomyTrade & Supply Chains
Mexico Requests Discount on 25% Auto Tariff for Non-USMCA Vehicles
Mexico is requesting a discount on the 25% U.S. tariff on automobiles and flexibility on the steel levy; Detroit automakers project billion-dollar costs. Here is what com
EconomyMarkets & Currencies
Economists Call on Sheinbaum for Certainty on Plan México to Boost Growth
Economists deliver proposals to Mexico's Finance Ministry to accelerate growth; GDP was 0.8% in 2025 and they are calling for investment certainty, covering six focus are
EconomyCompanies & Business
Sheinbaum Meets Goldman Sachs President on Investment in Mexico
Sheinbaum meets with the Goldman Sachs president to discuss investment in Mexico and Plan México opportunities. Details of the encounter.
EconomyJobs & Income
Formal Employment Lost 19,550 Positions in July: Baja California Grows, Campeche Falls
Mexico's formal employment shed 19,550 positions in July 2026, the worst July on record since 1998. Baja California expands while Campeche contracts. Read the state-by-st
EconomyCompanies & Business
Pemex Receives 519 Billion Pesos from Government While Subsidies Are Cut
The government channeled 519 billion pesos in financial support to Pemex while cutting 164 billion in subsidies. A breakdown of the fiscal relationship between the state
EconomyTrade & Supply Chains
United States Partially Resumes Avocado Inspections in Michoacán
The United States resumes avocado inspections in Michoacán following a security alert. Learn which zones have reopened and what is at stake for exports.
EconomyTrade & Supply Chains
U.S. Congress Backs Extending USMCA but Conditions Review on Results
168 Republican lawmakers condition the USMCA review on Mexico and Canada meeting market access commitments. Here is how the trilateral negotiation stands.
EconomyTrade & Supply Chains
Concamin Puts More Than $100 Billion in Investments on Hold Due to Trade Uncertainty
Concamin estimates more than $100 billion in investments are on hold pending the USMCA review, and projects that closing agreements in December would unlock them in 2026.
EconomyPrices & Consumers
Coca-Cola Raises Prices in Mexico by Up to 5 Pesos Over Input Costs and IEPS
Starting August 4, Coca-Cola Femsa raised soft drink prices by up to 5 pesos due to input costs, inflation, and the IEPS excise tax. Mexican households are feeling the ch
EconomyJobs & Income
Remittances to Mexico Grow in Dollar Terms but Lose Purchasing Power
Remittances to Mexico rose 4.2% in June and 3.1% in the first half of the year, but a stronger peso is eroding the purchasing power of each transfer. Full Banxico data in
EconomyMarkets & Currencies
Mexico's Treasury Projects Up to 2.8% Growth in 2026; Analysts See 1.1%
Mexico's Treasury Ministry projects economic growth of up to 2.8% in 2026; private analysts forecast 1.1%. The figures and what comes next for Mexico's GDP this year.
EconomyTrade & Supply Chains
USMCA Keeps 85% of Exports Tariff-Free
The USMCA preserves Mexico's tariff advantage: 85% of exports enter the U.S. duty-free. What comes next in the rules-of-origin review.
EconomyMarkets & Currencies
Mexican Peso Closes July at 17.32 per Dollar, Up 3.84% in 2026
The Mexican peso closes July at 17.32 per dollar, accumulating a 3.84% gain in 2026. Three factors explain its strength: the Fed, tariffs, and the Japanese yen.
EconomyMarkets & Currencies
Mexico's GDP Grows 1.5% in Q2 2026, Nearly Quadrupling the U.S. Rate
Mexico's GDP grew 1.5% in Q2 2026, nearly quadrupling the United States' 0.4% advance. Agriculture, industry, and services all drove the expansion.
EconomyCompanies & Business
World Bank Aligns Investment with Plan México in Five Strategic Sectors
The World Bank aligns investment with Plan México: five sectors and a target of 1.5 million quality jobs. Ajay Banga made the announcement at Palacio Nacional.
EconomyJobs & Income
SAR Marks 29 Years with a Record 8.9 Trillion Pesos in Assets Under Management
Mexico's retirement savings system manages 70.4 million individual accounts and already pays pensions to more than 116,000 workers. Key figures on the SAR at 29 years.
EconomyTrade & Supply Chains
Mexico's Exports Hit a Record 389,723 Million Dollars in the First Half of 2026
Record-breaking exports: Mexico posted 389,723 million dollars in exports and a 9,857 million dollar trade surplus in the first half of 2026. Find out which sectors drove
EconomyCompanies & Business
Mexican Airlines Lose 3,300 Million Pesos to Jet Fuel Surge in Q2 2026
Volaris, Viva Aerobus and Aeroméxico recorded combined losses exceeding 3,300 million pesos in Q2 2026, driven by an average 83% increase in jet fuel costs. What this mea
EconomyTrade & Supply Chains
Trump Consolidates Tariffs as Permanent Policy Amid USMCA Review
Trump imposed tariffs on 60 economies in July 2026. Analysts see a permanent trade policy reshaping the USMCA review for exporters.
EconomyTrade & Supply Chains
US Reopens Mexican Cattle Imports on August 24 After Year-Long Ban
The US will reopen its border to Mexican cattle on August 24 at Douglas, Arizona, ending a year-long ban. The decision eases record beef prices across North America.
EconomyTrade & Supply Chains
US Renews 10% Tariff on Mexico While Preserving Exemption for 85% of Exports
The US renewed a 10% tariff on Mexico under Section 301. The 85% of exports complying with USMCA rules of origin remains exempt. A fourth round of treaty review is schedu
EconomyPrices & Consumers
2026 World Cup Draws 7.8 Million Travelers, Leaves 65 Billion Pesos: Sectur
The 2026 FIFA World Cup mobilized 7.8 million travelers in Mexico and generated 42,276 million pesos in tourism revenue, according to Sectur. See the breakdown by host ci
EconomyMarkets & Currencies
Mexican Economy Grows 1.7% Annually in June, Accelerates in Second Quarter
Mexico's economy grows 1.7% annually in June 2026; the second quarter accelerates to 1.8%, the highest quarterly figure in two years, according to INEGI's IOAE. Services
EconomyTrade & Supply Chains
Mexican Imports from Asia Fall 23.2% Between January and May
Mexican imports from Asia fell 23.2% between January and May 2026. China, auto parts, and steel led the declines as USMCA renegotiations advance.
EconomyTrade & Supply Chains
Washington and Mexico Open Third USMCA Review Round in Mexico City
Greer and Ebrard lead the third USMCA review round in Mexico City. The CCE projects a resolution between 2026 and 2029. What this means for Mexico's trade.
EconomyCompanies & Business
Forbes Records 144 Immigrant Billionaires in the U.S., Seven from Latin America
Forbes records 144 immigrant billionaires in the U.S.; 7 are Latino. Pablo Legorreta, the first Mexican on the list, ranks 50th with Royalty Pharma.
EconomyPrices & Consumers
83% of Gas Stations Are Selling Diesel at 27 Pesos or Less
83% of gas stations in Mexico are already selling diesel at 27 pesos per liter or less. Baja California leads non-compliance with 231 stations above the cap. A breakdown
EconomyMarkets & Currencies
BlackRock Rules Out Mexico Losing Investment-Grade Status Amid USMCA Reviews
BlackRock rules out Mexico losing its investment-grade rating amid the USMCA's new annual review framework. S&P and Moody's have both adjusted their assessments, leaving
EconomyPrices & Consumers
Private consumption logs 15 months of growth; June posts slowest gain
Private consumption in Mexico posted 15 consecutive months of annual growth according to INEGI, but June recorded the streak's smallest monthly gain. What to expect from
EconomyMarkets & Currencies
Federal Reserve Will Not Tolerate High Inflation, Warsh Tells U.S. Congress
Warsh says the Fed will not tolerate high inflation and avoids signaling on rates. This directly impacts the peso-dollar exchange rate in Mexico.
EconomyMarkets & Currencies
Ormuz Tensions Drive Mexican Oil to $73 a Barrel
The Mexican export blend closed at 73 dollars per barrel on July 13, a 9.3% increase driven by the U.S. blockade of the Strait of Hormuz. Impact on oil revenues and gasol
EconomyJobs & Income
Pensions and Debt Service Top 1.13 Trillion Pesos Through May
Pension spending and debt service reached 1.127 trillion pesos through May 2026, accounting for 28.5 out of every 100 pesos in public expenditure; physical investment rec
EconomyTrade & Supply Chains
US Raises Demand for Mexican Sugar by 512%; 170,000 Cane Growers to Benefit
The USDA estimates importing 1.15 million tons of Mexican sugar in 2026-2027, a 512% increase. Up to 4,760 million pesos will benefit 170,000 Mexican cane growers.
EconomyCompanies & Business
World Cup 2026 Drives Historic Passenger Record at Guadalajara Airport
Guadalajara breaks air passenger records: 9.2 million in the first half of 2026, driven by the World Cup. Key figures from the Guadalajara airport.
EconomyJobs & Income
IMSS Records 22.8 Million Formal Jobs in June
IMSS reports a record 22,779,704 formal jobs in June 2026, with women holding 40.4% of positions and 237,627 gig delivery workers now enrolled in social security.
EconomyCompanies & Business
Gross Fixed Investment Grows 5.1% Year-on-Year in April After 19 Months of Decline
Mexico's gross fixed investment grew 5.1% in April 2026, the first advance after 19 consecutive months of contraction, with residential construction as the primary driver
EconomyCompanies & Business
Banking Fraud Complaints Rise 31.5% in Mexico; Banks Refunded 24% of Claims
Banking fraud claims rise 31.5% in Mexico in 2026. Banks returned 24.3% of 5,201 million pesos. Condusef urges extreme caution over smishing.
EconomyCompanies & Business
Telmex, Megacable and Totalplay File Complaint Against Salvador Alvarado Mayor Over Alleged Illegal Fees
Telmex, Megacable, and Totalplay filed a complaint with the FGR against the mayor of Salvador Alvarado over alleged irregular fees exceeding 1,500 million pesos in Sinalo
EconomyPrices & Consumers
754,394 Cars Sold in Mexico Break All-Time First-Half Record
Mexico's automotive market reached 754,394 units in the first half of 2026, a historic record driven by Chinese brands. Here is what it signals about private consumption.
EconomyPrices & Consumers
Mexico Slashes Diesel Subsidy to 20.89% Following Iran-US Peace Deal
Mexico's Finance Ministry cut the diesel tax stimulus from 39.1% to 20.89% for the week of June 20-26, 2026. The move follows an Iran-US peace agreement that stabilized c
EconomyJobs & Income
Mexico Loses Nearly 30,000 Formal Jobs in May
Mexico shed 29,922 formal jobs in May 2026, according to the country's social security institute. Despite the monthly decline, total registered workers hit a record high
EconomyTrade & Supply Chains
Mexico's Economy Stalls in May, Shows Zero Monthly Growth
Mexico's economic activity indicator came in flat for May 2026, with zero monthly change but 1% annual growth. Services sectors outperformed while manufacturing and const
EconomyMarkets & Currencies
Mexican Peso Closes at 17.33 per Dollar After Fed Decision
The Mexican peso closed on June 18 at 17.33 units per dollar, depreciating 0.28% following the U.S. Federal Reserve's policy announcement.
EconomyTrade & Supply Chains
Mexico, US, Canada Launch USMCA Review on July 1 with Virtual Talks
Trade ministers from Mexico, the US, and Canada meet virtually on July 1 to chart the course for USMCA review. Two paths forward: extend through 2042 or annual check-ins.
EconomyMarkets & Currencies
Fed Holds Rates at 3.75%, Raises Inflation Forecast to 3.6%
The Federal Reserve kept rates steady at 3.75% on June 17, 2026, and lifted its inflation projection to 3.6%. Here's what it means for credit costs in Mexico and Bank of
EconomyMarkets & Currencies
Mexico's GDP Growth Forecast Cut to 1.09% for 2026
Private analysts surveyed by Mexico's central bank slashed the 2026 GDP growth forecast to 1.09%, down from 1.39% a month earlier. Here's what to expect for inflation, ex
EconomyMarkets & Currencies
Mexico's Central Bank Ends Rate-Cut Cycle at 6.50%
Banxico cuts benchmark rate by 25 basis points to 6.50%, closing its easing cycle. A divided board vote, inflation projections, and what's ahead for 2026.
EconomyMarkets & Currencies
Mexico's Central Bank Holds Rate at 6.50%, No Timeline for Cuts
Banxico deputy governor Gabriel Cuadra rules out a fixed schedule for rate cuts. The 6.50% rate balances inflation at 3.94% against weak growth. Next decision comes June
EconomyTrade & Supply Chains
Mexican Exports Jump 32.6% in April, Best Performance Since 2021
Mexican exports surged 32.6% year-over-year in April 2026, marking the strongest growth in five years. The trade balance posted a $3.5 billion surplus for the first four
EconomyJobs & Income
Mexico Loses Nearly 30,000 Formal Jobs in May
Mexico's social security institute reported a loss of 29,922 formal jobs in May 2026, driven by seasonal agricultural factors. Base wages climbed 6.6% annually in nominal
EconomyPrices & Consumers
Mexico's Inflation Falls to 3.94%, Back Within Central Bank Target
Mexico's annual inflation dropped to 3.94% in May, returning to Banxico's target range after months of overshooting and reigniting debate over interest rate policy.
EconomyTrade & Supply Chains
Mexico's Industrial Output Surges 2.1% in April on Construction Boom
Mexican industrial activity jumped 2.1% month-over-month in April, its strongest gain since early 2021, driven by construction and manufacturing sectors. Here's what's be
EconomyMarkets & Currencies
Iran Nuclear Deal Crushes Oil Prices, Mexican Peso Hits 4-Month High
The WTI crude plunged 5.1% to $80.55 and the Mexican peso strengthened to 17.17 per dollar following a preliminary U.S.-Iran nuclear agreement on June 15. Asian markets s
EconomyCompanies & Business
Private Capital Flows Hit $25.6B Across Latin America in 2025
Private capital investment in Latin America reached $25.6 billion in 2025 across 947 transactions, with Mexico leading thanks to nearshoring from the U.S. Regional return
EconomyJobs & Income
Mexico Sheds 29,000 Formal Jobs in May, Hits Fifth-Highest Level
Mexico's social security institute reported a net loss of 29,922 formal jobs in May 2026, driven by seasonal agricultural cycles. Total insured positions reached 22.7 mil
EconomyPrices & Consumers
Mexico's Inflation Cools to 3.94% in May, Hits Central Bank Target
Mexico's annual inflation fell to 3.94% in May, returning to Banco de Mexico's target range for the first time this year, according to INEGI's June 9 report.
EconomyMarkets & Currencies
Mexican Peso Posts Best Week of June Against Dollar
The Mexican peso gained ground for five consecutive trading sessions, accumulating more than 1.40% against the dollar in its strongest week of the month, closing Friday a
EconomyTrade & Supply Chains
Mexico's Industrial Activity Grows 1.8% Year-Over-Year in April, Best in Two Years
INEGI reports annual growth of 1.8% and monthly gain of 2.1% in April 2026. Construction surges 10.2%, manufacturing drops 0.3%. Analysis from Monex, Banco Base, and Gold
EconomyMarkets & Currencies
World Bank Holds Mexico Growth Forecast at 1.3% for 2026
The World Bank maintains its 1.3% growth forecast for Mexico in 2026, citing USMCA renegotiation and weak domestic demand as key risks to the economy.
EconomyTrade & Supply Chains
Mexico Welcomes More Tourists But They're Spending Less
International arrivals jumped 8.1% in April to 8.29 million visitors, yet spending dropped 2.3%. Mexico City hotels averaging $210 per night as World Cup 2026 kicks off.
EconomyCompanies & Business
Grupo México Eyes Argentine Rail Freight Privatization With $3B Bid
Mexico's Grupo México is preparing to bid for Argentina's Belgrano Cargas rail freight network, pledging $3 billion in investment over five years. The company faces compe
EconomyJobs & Income
Mexico Loses Nearly 30,000 Formal Jobs in May Despite Record Enrollment
Mexico's social security institute reported a loss of 29,922 formal jobs in May, yet total affiliates hit an all-time high of 22.7 million. Agricultural seasonality and m
EconomyPrices & Consumers
Mexico's Annual Inflation Falls to 3.94% in May
Mexico's annual inflation dropped to 3.94% in May, landing within Banco de México's target range. Falling electricity costs and produce prices drove the decline. Here's w
EconomyTrade & Supply Chains
Mexico's Auto Production Dips in May as Exports Surge
Mexico manufactured 342,926 light vehicles in May and exported 306,288 units, with 75.4% bound for the U.S. Production fell year-over-year, but exports climbed, reflectin
EconomyJobs & Income
Mexico's Formal Employment Hits Record High in May
Mexico's social security agency reported 22.7 million formal jobs in May 2026, the highest figure ever recorded for that month, alongside a historic daily minimum wage of
EconomyPrices & Consumers
Mexico's Inflation Slows to 3.94% in May
Mexico's annual inflation cooled to 3.94% in May 2026, with core inflation at 4.19%, according to INEGI. Here's what drove prices up and down this month.
EconomyTrade & Supply Chains
US Proposes 10% Tariff on Mexico and 13 Other Economies
The US Trade Representative's office has proposed an additional 10% tariff on imports from Mexico and 13 other nations over forced labor concerns. Mexico's economy minist
EconomyMarkets & Currencies
Mexico's Central Bank Slashes 2026 Growth Forecast to 1.1%
Banxico downgraded its 2026 economic growth forecast to 1.1%, well below the government's expected range of 1.8% to 2.8%. The revision reflects weaker consumer spending a
EconomyMarkets & Currencies
Mexican Peso Strengthens 0.48% as Dollar Settles Around 17.44
The Mexican peso gained 0.48% against the dollar on Tuesday, June 9, trading near 17.44 pesos per dollar. The uptick comes as the 2026 World Cup kicks off, potentially bo
EconomyTrade & Supply Chains
T-MEC Review Deadline: July 1, 2026 for North American Trade Reckoning
Mexico, the US, and Canada face a July 1, 2026 deadline to advance their USMCA review. Despite trade uncertainty, foreign investment hit record highs in Q1.
EconomyTrade & Supply Chains
Mexico's Nearshoring Future Hangs on July 1 USMCA Review
Mexico faces a pivotal USMCA review on July 1 that will determine the future of nearshoring investment. Foreign direct investment hit record highs despite 14 months of tr
EconomyTrade & Supply Chains
World Cup 2026 Could Bring Mexico $4B, But It Won't Move the Economic Needle
The 2026 World Cup is projected to inject between $2.57 billion and $4 billion into Mexico's economy and create 100,000 temporary jobs. The catch: it barely nudges GDP by
EconomyMarkets & Currencies
Mexican Peso Gains Ground as World Cup Week Begins
The Mexican peso appreciated slightly at the start of World Cup week, with the FIX rate hitting 17.29. Markets are waiting for May inflation data from INEGI that could sh
EconomyJobs & Income
US Economy Adds 172K Jobs, Crushes Expectations
Strong American job growth bodes well for Mexico's largest trading partner and could boost demand for Mexican exports. The US Department of Labor reported Friday that the
EconomyCompanies & Business
Pemex Announces 93 Billion Peso Investment to Revive Petrochemical Industry
Mexico unveiled a major public-private investment of 93 billion pesos to revitalize petrochemical and fertilizer production in Veracruz through 2030, with significant pot
EconomyMarkets & Currencies
Mexican Peso Closes at 17.35 as US Jobs Data Looms
The Mexican peso opened June at 17.35 per dollar, down 0.11% from Friday's close. Investors are watching two major wildcards this week: US employment data and potential M
EconomyMarkets & Currencies
Mexican Peso Strengthens as Middle East Tensions Ease
The Mexican peso gained ground against the US dollar as international confidence stabilized following global diplomatic agreements mediated by Washington. The currency tr
EconomyTrade & Supply Chains
Mexico's 85% of US Exports Safe from New Tariffs
Mexico's Economy Ministry confirmed that all products meeting T-MEC rules of origin, representing 85% of national export volume to the US, are exempt from the proposed ta
EconomyMarkets & Currencies
Mexican Peso Holds Steady Around 17.28 Per Dollar Ahead of U.S. Jobs Data
The Mexican peso remained stable at the start of trading, buoyed by investor expectations about U.S. economic developments and upcoming Federal Reserve policy decisions.
EconomyTrade & Supply Chains
Mexico and Canada Coordinate Defense Against Potential 10% US Tariffs
Mexican authorities are assessing a U.S. trade proposal linked to forced labor monitoring mechanisms. The Office of the U.S. Trade Representative reviewed enforcement mea
EconomyJobs & Income
Mexican Remittances Surge 2.6% in Early 2026
Mexico received $19.7 billion in family remittances during the first four months of 2026, marking a 2.6% annual increase. The steady inflow underscores the critical role
EconomyTrade & Supply Chains
Mexico Pushes to Extend USMCA for 16 More Years Ahead of 2026 Review
Mexico's Economy Ministry formally proposed extending the regional trade agreement by 16 years, seeking to lock in investments and supply chains across North America. The
EconomyMarkets & Currencies
Mexican Peso Opens June Strong, Posts Positive Monthly Balance
The Mexican peso kicks off June with impressive resilience, consolidating gains against the dollar. The currency's stability bolsters import certainty and keeps inflation
EconomyMarkets & Currencies
Mexico's Credit Rating Affirmed by Fitch Ratings
Fitch Ratings reaffirmed Mexico's long-term sovereign debt rating at BBB- with a stable outlook, preserving the country's investment-grade status and securing competitive
EconomyMarkets & Currencies
Mexico's Central Bank Slashes 2026 Growth Forecast to 1.1%
Mexico's central bank has downwardly revised its economic growth forecast for 2026, centering the estimate at 1.1 percent. The adjustment reflects concerns over domestic
EconomyMarkets & Currencies
Mexican Peso Strengthens to 17.34 per Dollar on Middle East Peace Signals
The Mexican peso rebounds as markets react positively to the prospect of a U.S.-Iran agreement. The development could stabilize global oil prices and boost Mexico's gover
EconomyTrade & Supply Chains
Mexico Diversifies Trade with Strategic Europe Deal
Mexico is reshaping its economic strategy by pursuing a major trade cooperation agreement with Europe. Under President Claudia Sheinbaum's administration, the country aim
EconomyCompanies & Business
Mexico Sets Record Foreign Direct Investment in Q1 2026
International investor confidence in Mexico's economy remains strong, with record FDI driving industrial growth and job creation. Official data shows Mexico attracted $23
EconomyTrade & Supply Chains
Nearshoring Pushes Mexico's Foreign Investment to Historic Peak
Foreign direct investment in Mexico hit an all-time high in the first quarter of 2026, driven by companies relocating manufacturing operations closer to U.S. markets. Sup
EconomyCompanies & Business
Mexico Hits Record $23.6B in Foreign Investment in Q1 2026
Foreign direct investment in Mexico surged 10.4% year-over-year, reaching $23.591 billion in the first quarter of 2026. The milestone underscores the U.S. as the dominant
EconomyMarkets & Currencies
INEGI Updates Mexico's Key Economic Indicators
Mexico's National Institute of Statistics and Geography maintains comprehensive databases tracking economic activity, prices, and employment across the country.
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