By MARK LORENZANA Expect economic turbulence this year on a global scale, with “obvious effects for Mexico,” according to José Domingo Figueroa, the new president of the Mexican Institute of Finance Executives (IMEF), in an interview with Mexican daily newspaper Reforma on Monday, Jan. 2. Two of the biggest factors that will directly affect Mexico’s economy, according to Figueroa, are
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By KELIN DILLON According to Mexico’s autonomous National Institute of Statistics and Geography (Inegi) and its corresponding Timely Indicator of Economic Activity (IOAE), the Mexican economy slowed down at the end of 2022 as November’s reported .1 percent economic decline ended the nation’s previous four-month streak of positive economic growth. November’s figures represent Mexico’s first economic decline since June 2022,
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PULSE NEWS MEXICO Core inflation in Mexico during the first half of November reached 8.66 percent, according to the National Institute of Statistics and Geography’s (Inegi) National Consumer Price Index (INPC), representing 8.14 percent at an annual rate. Despite a slight moderation compared to previous fortnights, headline inflation was still well above the Central Bank of Mexico’s (Banxico) objective target
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PULSE NEWS MEXICO Starting at about 11 a.m. on Sunday, Nov. 13, and heading from Mexico City’s Angel of Independence Monument to the Monument to the Revolution, tens of thousands of people marched in defense of democracy and the National Electoral Institution (INE) despite an environmental contingency imposed by the pro-President Andrés Manuel López Obrador (AMLO) capital governor, Claudia Sheinbaum.
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OPINION THÉRÈSE MARGOLIS Neither the declaration of a last-minute day-without-a-car contingency by Mexico City Governor Claudia Sheinbaum — in full collaboration with the federal government — nor the vicious barrage of insults and allegations of corruption by President Andrés Manuel López Obrador (AMLO) against anyone who dared to defend the National Electoral Institute (INE) from being dissolved under his dictamen,
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By KELIN DILLON Only weeks after hactivist group Guacamaya revealed to the public that 72 percent of Mexico is under control of organized crime groups, Mexico experienced its most violent month of the year yet, registering 2,481 intentional homicides throughout Oct. 2022. A total of 92 intentional murders were committed on Monday, Oct. 31 alone, says information publicized by Mexico’s
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By JUAN DE JESÚS BREENE Someone asked me recently if cash was still the main form of payment in Mexico. And just like the answer to other broad and vague questions, when assessing whether cash is still king in Mexico, the answer is yes … and no. At the height of the covid-19 pandemic, the Mexican government, in conjunction with
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PULSE NEWS MEXICO Covid-19 was the leading cause of death in Mexico in 2021, according to the National Institute of Statistics and Geography (Inegi). The second- and third-largest cause of death in Mexico last year, according to a report released by the Inegi on Wednesday, Oct. 26, were heart disease and diabetes, respectively. The Inegi report stated that there were
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By KELIN DILLON Mexico’s National Consumer Price Index (INPC) – which registers inflation across the country – hit 8.53 percent during the first two weeks of October, a trend likely due to drops in gas prices and national costs associated with inflation-affected products like potatoes, onions and avocados. This is Mexico’s third report in a row of slowing inflation, said
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By MARK LORENZANA The State of Mexico (EdoMéx), Baja California, Veracruz, Puebla and Querétaro are the Mexican states that lead the 2022 Impunity Index in Mexico, which was prepared by the Center for Studies on Impunity and Justice (CESIJ), the University of the Americas Puebla and the International Academic Council. The five aforementioned states are followed by Jalisco, Sinaloa, Aguascalientes, Chiapas and
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