By MARK LORENZANA Just as Mexico’s inflation rate rose to 7.99 percent in June of this year, the U.S. financial services rating agency Standard & Poor’s (S&P) in its Global Ratings report on Wednesday, July 6, revised the outlook on its long-term ratings on Mexico from negative to stable. In addition, the S&P Global Ratings affirmed the country’s credit rating
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XINHUA Inflation in Mexico reached 4.1 percent in the first half of September, driven by the price of agricultural products, the National Institute of Statistics and Geography (Inegi) reported on Thursday, Sept. 24. In the first half of the month, the National Consumer Price Index (INPC) grew 0.16 percent compared to the previous two-week period, according to Inegi. In the
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XINHUA Gross fixed investment in Mexico rose 20.1 percent in June compared to May, its first increase after four months of poor performance amid the covid-19 pandemic, the National Institute of Statistics and Geography (Inegi) said. However, the indicator plummeted 24.1 percent in June compared to the same month of 2019, dragged down by a drop in construction and the
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XINHUA Mexico’s exports grew by 9.81 percent in July compared to June, mainly driven by vehicle exports to the United States, the National Institute of Statistics and Geography (Inegi) said on Thursday, Aug. 27. The total value of exports amounted to $34.847 billion in July, representing the second consecutive month of growth after dropping in April and May due to
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