Unemployment Down in Mexico, but Informal Economy Up
One of the pressing concerns for Mexico in the coming years is the high level of informal labor and those joining the informal economy
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Internal Economic Policies in Mexico Accelerate Capital Flight
By MARK LORENZANA In the second quarter of this year, outflow of capital from Mexico totaled $5.74 billion, a figure 88.9 percent higher than the previous quarter. For the ninth consecutive quarter, the country has registered capital flight, according to figures from the Central Bank of Mexico (Banxico). Gabriela Siller, director of economic analysis at Banco Base, explained that the covid-19 pandemic
Read moreUncontrolled Inflation in Mexico Increases Food Prices
By MARK LORENZANA Mexico’s National Institute of Statistics and Geography (Inegi) announced on Tuesday, Aug. 23, that during the first 15 days of this month, the National Consumer Price Index (INPC) increased 0.42 percent, bringing the country’s annual rate of inflation to 8.62 percent. According to the Inegi, the INPC recorded its highest level since the second half of December
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