Tag Archives: Inegi

Mexico Loses One Million Businesses to Covid Pandemic

By KELIN DILLON More than a million businesses in Mexico, or one in five, were forced to permanently shutter their doors due to effects of the worldwide coronavirus pandemic, reported Mexico’s National Institute of Statistics and Geography (Inegi). Of the 4.86 million businesses registered in the Inegi’s 2019 economic census, an estimated 3.85 million survived, while 1 million-odd businesses closed

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Mexican Consumer Spending, Fixed Income Plummet in 2020

XINHUA Consumer spending and gross fixed investment in Mexico plummeted in 2020 due to the covid-19 pandemic, figures from the National Institute of Statistics and Geography (Inegi) indicated on Friday, March 5. Consumer spending fell 11 percent in 2020 compared to 2019, while gross fixed investment plunged 18.2 percent last year, according to two separate Inegi reports. In the area

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