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The BBVA Multidimensional Manufacturing Indicator (BBVA MMI) grew 0.8% in April (YoY), the same figure registered in March, and 1.6 pp below the average reported in 1Q23.
We analyze female participation in the mortgage market in terms of access to credit, the amount of credit, and the interest rate.
After 1,192 days of Public Health Emergency of International Importance (PHEIC) due to COVID 19, on May 5, 2023, the World Health Organization (WHO) reports that it no longer constitutes an international emergency and concludes the PHEIC, but t…
We study mexican households savings and consumer credit patterns through the Covid-19 pandemic and the dynamics of these variables during the reopening period.
Economic growth through 2023 will be modest and driven by services. A drop in the secondary sector (mainly via Manufacturing) is anticipated due to the slowdown in the economy. Tourist entities lead growth.
The BBVA Multidimensional Manufacturing Indicator grew 3.1% in March (YoY), taking the average year-on-year variation for 1Q23 to 3.9%, 0.8 pp below the 4Q22 mean
The services segment grew 2.6% MoM (reaching a level 11% above its Dec-22 figure), while the consumption of goods grew 0.2% MoM, after the contraction registered the previous month
With growth of only 0.4% in 2022, the recovery of the Construction sector remains distant. The number of mortgage loans granted during 2022 is 8.9% lower than in 2021, while the amount fell 4.9% in real terms. There is a high concentration in m…
The February figure (2.0% YoY) is the lowest since the end of 2021 and suggests a turning point for manufacturing this year, given the gradual deceleration in external demand.
The BBVA Manufacturing Multidimensional Indicator grew 4.1% in January (YoY), bringing the average year-on-year variation of the last three months to 3.5%, 1.2 pp below the quarterly average observed at the end of 2022
The factors that made the economy resilient in previous quarters are dissipating, and the environment for 2023 is challenging for all components of demand
While manufacturing gained momentum in the middle of last year as bottlenecks abated, the sector has lost momentum in recent months as demand slows amid higher interest rates.
