Mexico’s Economy
Pemex loses US$ 2 billion during 2020 2Q
MEXICO – The state company Petróleos Mexicanos (Pemex) said in a statement that it registered a loss of US$2 billion…
Mexican economic activity dropped 21.6% during May
MEXICO – The health emergency caused by Covid-19 continues to put pressure on the national economy. During May 2020 the…
Mexican construction companies’ production fell 34.2% during May
MEXICO – The production value generated by construction companies in the country returned to record lows during May, due to…
Mercado Libre to invest US$27 million in México
MEXICO – The e-commerce platform Mercado Libre, announced an investment of US$27.1 million for its third distribution center in Mexico,…
México’s presidential plane comes back home
MEXICO – The Mexican presidential plane landed in Mexico City this Wednesday, after being stranded for more than a year…
Uncertainty Lowers FDI in Northern Mexico
By Nancy J. Gonzalez The cancelation of the New International Airport at Mexico City (NAICM) was the first warning sign…
Remittances Are Almost Immune to COVID-19
By Nancy J. Gonzalez Despite the ongoing COVID-19 pandemic, the flow of remittances from the U.S. to Mexico has not…
Mexican woman will be at the forefront of the UN Project on pandemic disasters
MEXICO – Martha Herrera, director of social responsibility of Cemex, was appointed as co-president of the Private Sector Alliance for…
2.5 million women who owned a business in México had to quit due to lockdown
NUEVO LEÓN – An analysis made by the Employer Confederation of the Mexican Republic (Coparmex) Nuevo León, with data from…
Mexican GDP could drop 8.5%: FocusEconomics
MEXICO – The Mexican economy will register a contraction of 8.5% this year, according to the consensus of expectations for…
Mexican government has poorly allocated resources to contain the coronavirus
MEXICO – Mexico remains among the five countries in Latin America with the lowest public spending to contain the impact…
Mexico loses 1,113,000 jobs due to COVID-19
MEXICO – The COVID-19 pandemic left a balance of 1, 113, 677 formal jobs lost in the first half of…
Mexico lost more than 12 million jobs in two months
MEXICO – In Mexico, more than 12 million jobs were lost, (formal and informal jobs), in the months of April…
Mexico’s inflation rate rose to 3.33% during June
MEXICO – During June, the National Consumer Price Index (INPC) registered a variation of 3.33% at an annual rate, the…
