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Mexico | Remittances powering ahead, up by 8.8% YoY in September, 30 months of growth

Por ,

The US unemployment rate in September was 3.7%, its lowest level for nearly fifty years, favouring employment of Mexican immigrants and remittances to Mexico. Employment of the population of Hispanic origin in the US continues its rising trend, surpassing 27 million people in employment in September.

Unidades:
Geografías:México
Temáticas:Migración

In September US$2,709 million in remittances flowed into Mexico, a very substantial amount, albeit slightly less than the market estimate

BBVA Research estimates that remittances will continue to grow in the last quarter of 2018, although October may see some contraction in the flow

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