Tax revenue was MXN 8,922 million (0.03% of GDP) below budget since the excise taxes on fuels intake was below budget despite its real annual increment of 195.1% in 1Q24.
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- Mexico
- Topic Tags
- Country Risk
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The production of liquid hydrocarbons of Pemex Exploration and Production (PEP) in the first quarter of 2024 vs. the previous quarter showed a decrement of 36 thousand barrels a day mainly due to a lower production of superlight crude oil plus condensates by 29 thousand barrels a day.
- Geography Tags
- Mexico
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- Energy and Commodities
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By the end of 2023, the Mexican economy grew at an annual rate of 3.2%, with an extraordinary growth of 15.6% in construction and differentiated effects at the regional level. The dynamism of services underpins growth in 2023; Wholesale and Ret…
- Geography Tags
- Mexico
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- Regional Analysis Mexico
- ...
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- Energy and Commodities
- Automotive Industry
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At the end of 2023 we find opposite results in the Real Estate market. Construction presents historical results, growth rates well above the average in different indicators. The housing market is contracting with figures as of November 2023. In…
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- Mexico
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- Regional Analysis Mexico
- ...
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- Real Estate
- Global Economy
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The GDP of the Valencian Community could increase by 2.1% in 2024 and 2.0% in 2025, which would allow the creation of 103,000 new jobs in the region in the biennium.
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- Spain
- Valencian Community
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- Regional Analysis Spain
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According to BBVA credit card data, the first months of the year have been characterized by a slowdown in the growth of tourist spending in Spain compared to the last months of 2023, weighed down by the decline in consumption by Spaniards and despite the rebound of foreign tourism.
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- Spain
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- Regional Analysis Spain
- Analysis with Big Data
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Fights between Israel and Hamas continue. Putin reshuffled top defense positions. Trump goes ahead on most US Presidential polls.
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- Analysis with Big Data
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We summarize China’s Balance of Payments situation in 2023 post-pandemic time and compare it with the pandemic time; we also predict its trend in 2024.
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- Regional Analysis China
- ...
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- Global Economy
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FDI in Energy between 2006 to 2023, presented peak levels between 2013 to 2018, with 55.3% of investment in this period which coincide to regulatory changes that allowed private participation. The same has plummeted between 2019 and 2023, being…
- Geography Tags
- Mexico
- Latin America
- Topic Tags
- Energy and Commodities
- ...
- Topic Tags
- Regional Analysis Mexico
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