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Mexico | The US looks to keep the essence of NAFTA, but renegotiations will be complicated

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Even though the Summary of Objectives for the NAFTA Renegotiation contains some rhetoric elements among which the goal of reducing the US trade deficit with Mexico and Canada stands out, such objectives do not suggest deep changes to NAFTA

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Geographies:Mexico USA

Available in Spanish

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Mexico | Bank deposits: higher growth in demand and term segments

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In April 2017 the nominal annual growth rate of traditional bank deposits (demand + term) was 13.7%, 2.3 percentage points higher than the previous month and 1.9 percentage points higher than the same month of the previous year

Units:
Geographies:Mexico
Topics:Banks

Available in Spanish

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Chile | June CPI surprises both market and baseline scenario of the Central Bank

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June CPI of -0.4% MoM (1.7% YoY), surprised both market expectations and baseline scenario of the Central Bank, widening room for a new cycle of MPR's cuts. Inflationary diffusion was under its historical floor. Core inflation indicators, especially for goods, reached the minimum since we have comparable statistics (2010).

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Geographies:Chile

Available in Spanish, English

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Mexico | Mothers’ Day effect increases remittances in May to US$2,586.4 million

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The increase in remittances is partly explained by Mexicans sending money from the United States during May for the Mothers’ Day festivities, and the low unemployment rate in the United States (4.3% in May)

Units:
Geographies:Mexico
Topics:Migration

Available in Spanish, English

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