Publications

In July, remittances reached Mexico for 5,330 million, a 4.7% drop compared to the same month in 2024. From January to July 2025, remittances totaled $34.889 billion, a lower amount than what was received in 2024, and even lower than in 2023.

This is the first update produced by the National Institute of Statistics and Geography on the measurement of labor poverty, following the 2024 and 2025 reforms that led to the dissolution of Coneval, the former body in charge of this task.

In June, real growth in outstanding loans to non-financial private sector slowed to 5.4% annually, its lowest level since April 2024, as the surge in demand ahead of US tariffs faded. Deposits registered a slower overall growth (3.6% in real annual terms), influenced by the weakness of the economy's revenue sources.

After the dissolution of Coneval, Inegi has assumed responsibility for measuring poverty and for the comprehensive evaluation of Mexico’s social development policy. This note analyzes the results of Inegi’s first 2024 multidimensional poverty report.

Formal employment reached a record high in July 2025 due to the incorporation of digital platform workers. Excluding this effect, there was a net destruction of jobs, in a context of declining investment and weak consumption.

The BBVA Research Big Data Consumption Indicator reported a (-)1.3% MoM drop in July, due to the slowdown in the goods segment (-2.3% MoM) and the stagnation of the services component (0.1% MoM).

The press article explains that a large portion of adults lack a solid plan for retirement, which leads them to rely on continued work, family support, or government assistance. Therefore, it highlights the need to plan for retirement income early, diversify income sources, and take advantage of investment instruments.

The absence of new language suggesting increased caution—despite recent core inflation stickiness—indicates that most members remain open to continuing the easing cycle, albeit at the current more gradual pace of 25 bps per meeting.