Filter all of our publications to find the ones you are most interested in by content language, date, geography and/or topic.
Sort our publications chronologically from newest to oldest, regardless of geography and/or topic matter.
Sort publications according to the number of time reads by our users, regardless of geography and/or topic matter.
GDP will grow 2.9% this year and 2.7% in 2025. Private spending will gain traction in the coming quarters, supported by more favourable financial conditions, the impact of private pension funds withdrawals, and the beginning of construction of some infrastructure projects, while public spending will moderate.
Large fluctuations in the USD/MXN exchange rate impact Mexican migrants' decisions on the amount to remit. In August, the peso depreciated 5.4%, which boosted a 9.3% growth in remittances to Mexico in dollars and an increase converted into pesos of 17.0% in real terms.
The government maintains a firm commitment to fiscal balance while upholding a "zero monetary issuance" policy for all items arising from the public sector. The slowdown in inflation has stalled since May, remaining around 4% monthly, and econo…
The weekly growth of FX-adjusted credits continued to decelerate in the first week of September from 0.6% to 0.2% due to commercial credits in the overall sector and consumer credits of private banks, as has been happening since mid-August.
Remittances have been volatile over the past five months. Increases have been reported in two of them (April and June, even months) and declines in three months (March, May and July, odd months). In August, the peso depreciated 5.4%, so the nex…
The depreciation of the Mexican peso (MXN) against the dollar (USD) of 7.6% in June may partly explain this observed increase in remittances. Mexicans abroad take advantage of this temporary rise to send more dollars, which translates into more pesos for their relatives.
January 2, 2024
Mexico's dependence on remittances reached a maximum of 4.0% of GDP in 2022. It is estimated that remittances would represent 3.5% of GDP in 2023 and by 2024 they will reach 3.7%. The appreciation of the Mexican peso (MXN) against the US dollar (USD) has relatively reduced Mexico's dependence on these resources.
Javier Milei will be the new president of Argentina. He takes office with the challenge of correcting strong imbalances in the fiscal, monetary and exchange rate fronts. The adjustment of spending and changes in relative prices will lead to an …
The surprising outcome of the primary elections left an open end to the October voting and heightened uncertainty, increasing volatility and further worsening expectations for the coming year. We maintain our scenario of recession and high infl…
Despite these important flows, inflation and, mainly, the appreciation of the Mexican peso against the US dollar have led to households in Mexico receiving 12.6% fewer remittances in real terms in August.
Between July 2022 and July 2023, the Mexican peso (MXN) has appreciated 17.4% against the US dollar (USD), and inflation registered in Mexico was 4.8%. Thus, remittances in real terms have lost 16.0% of their purchasing power in one year.
Chiapas registers an annual growth in remittances of more than 50% and is already the fourth state with the highest income from these resources. San Cristobal de las Casas is already the municipality where most remittances are received in the country.
