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.
Public finances, trade, prices and the pulse of industry on both sides of the border.
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.
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%.
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
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
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.
Mexico's new digital payments law aims to reduce cash use, but specialists point to connectivity and cost challenges for small businesses.
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
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.
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.
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.
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?
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.
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
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
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.
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.
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.
The Bank of Mexico raised its 2026 growth forecast to 1.5% and trimmed its 2027 estimate amid USMCA uncertainty. The GDP figures explained.
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.
Economy Secretary Marcelo Ebrard is in Washington negotiating reductions on tariffs affecting steel, aluminum, and automobiles. Here is what could change this week.
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.
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
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
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.
Scotiabank proposes a federal pact for tax reform in Mexico: 17 years remain before the population pyramid reverses. Discover the proposal.
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
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.
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.
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.
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
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
Sheinbaum meets with the Goldman Sachs president to discuss investment in Mexico and Plan México opportunities. Details of the encounter.
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
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
The United States resumes avocado inspections in Michoacán following a security alert. Learn which zones have reopened and what is at stake for exports.
168 Republican lawmakers condition the USMCA review on Mexico and Canada meeting market access commitments. Here is how the trilateral negotiation stands.
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.
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
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
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.
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.
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.
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.
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.
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.
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
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
Trump imposed tariffs on 60 economies in July 2026. Analysts see a permanent trade policy reshaping the USMCA review for exporters.
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.
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
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
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
Mexican imports from Asia fell 23.2% between January and May 2026. China, auto parts, and steel led the declines as USMCA renegotiations advance.
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.
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.
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
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
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
Warsh says the Fed will not tolerate high inflation and avoids signaling on rates. This directly impacts the peso-dollar exchange rate in Mexico.
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
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
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.
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.
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.
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
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.
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
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.
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
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
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
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.
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.
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
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
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.
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
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
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
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.
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
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
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
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
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.
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
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
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.
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.
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
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
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
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
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
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.
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
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
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
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.
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
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
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
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
Mexico unveiled a major public-private investment of 93 billion pesos to revitalize petrochemical and fertilizer production in Veracruz through 2030, with significant pot
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
The Mexican peso gained ground against the US dollar as international confidence stabilized following global diplomatic agreements mediated by Washington. The currency tr
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
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.
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
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
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
The Mexican peso kicks off June with impressive resilience, consolidating gains against the dollar. The currency's stability bolsters import certainty and keeps inflation
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
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
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
Mexico is reshaping its economic strategy by pursuing a major trade cooperation agreement with Europe. Under President Claudia Sheinbaum's administration, the country aim
International investor confidence in Mexico's economy remains strong, with record FDI driving industrial growth and job creation. Official data shows Mexico attracted $23
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
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
Mexico's National Institute of Statistics and Geography maintains comprehensive databases tracking economic activity, prices, and employment across the country.
No stories in this section for the selected period.