Tag Archives: Mexico. Economy

AMLO Promises ‘Economic Normalcy’ by End of June

XINHUA Mexico could return to “economic normality” by the end of June, with employment at the levels registered before the spread of the novel coronavirus disease (covid-19), Mexican President Andrés Manuel López Obrador (AMLO) said on Friday, March 5. Before the pandemic broke out in the country in February 2020, the number of workers registered with the Mexican Social Security

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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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