Mexico | Traditional deposits slowed down its monthly growth rate in August

Summary

In August, total demand deposits' (Sight deposits + Term deposits) monthly growth rate slowed down further, as a result of another monthly decline in Term deposits and the first monthly drop of Sight deposits from individuals in the last six months.

Key points

• Key points:
• Sight deposits from individuals dropped for the first time in the last six months. Term deposits from individuals continue in free fall
• Unexpected upturn of Sight deposits from firms
• Deposits on Debt Mutual Funds increased marginally on a monthly basis in August. However, on a year-over-year basis the slowdown continues

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