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September 1, 2020

Mexico | Remittances grew by 7.2% in July, 22% in real terms in pesos

45.9% of women and 31.3% of men who sent remittances do so to cover health expenses (medical attention, medicines, laboratory tests, hospital, etc.) in households in Mexico. By the end of 2020, remittances could reach USD $ 39.4 billion, + 8.1% y/y.

August 4, 2020

Peru | Inflation experiences a transitory rebound in July

Lima's Consumer Price Index rose 0.46% m/m in July, above market expectations (Bloomberg Consensus: 0.06% m/m). With July's monthly result, year-on-year inflation accelerated to 1.9%, compared to 1.6% the previous month.
  • Geography Tags
  • Peru

August 3, 2020

Mexico | Remittances in the time of COVID-19: hypothesis and different effects by region

In the second quarter of 2020, very marked differentiated effects were seen in remittances by region. The states of the Northwest region and the Traditional region presented increases in their flow of remittances, while the Central and South-Southeast region contractions, which leads us to propose THREE HYPOTHESES.

July 27, 2020

Global | The economy is shaped by the pandemic

The global economic scenario is defined by COVID-19, with a recession comparable to the Depression 90 years ago. It is also shaped by uncertainties including, the trajectory of the contagion curve and the achievement of herd immunity, for which having an effective and accessible vaccine will be a determining factor.

July 16, 2020

Peru Economic Outlook. Third Quarter 2020

Isolation measures imposed in order to contain the propagation of the coronavirus are having a strong impact on GDP. In this context, we expect it to contract this year between -18% and -12%, with a rebound between 6,5% and 10,5% in 2021 that will, however, be insufficient to reach the level of activity observed in 2019.
  • Geography Tags
  • Peru

July 1, 2020

Mexico | From 320 to 380 million dollars of additional remittances due to "Mother's Day"

Remittances to Mexico are unstoppable, despite the difficult economic conditions due to the Covid-19 crisis, 3,379 million USD reached Mexico, + 3.0% compared to the same month last year. In real terms, due to the exchange rate depreciation, they grew 23.8%.

June 29, 2020

Global | For the love of trade

The drop in the volume of global trade is reflecting the most severe global recession since the Second World War, both due to the economies affected and the intensity of the expected falls in GDP over the middle quarters of 2020.

June 3, 2020

Global | Geo-World: Conflict & Protest May 2020

In May, the number of infected people by covid-19 exceeded 6M, America became the epicenter. In the US, mass protests after a black citizen was killed in police custody have spread nationwide. US – China relationship has worsened due to the situation in Hong Kong. The war in Libya has escalated. G7 meeting to be postponed.