By THE PULSE NEWS MEXICO STAFF It will come as no surprise to most economists that the Mexican economy, which contracted by 0.1 percent in pre-covid 2019, once again registered a dramatic shrinkage in 2020. Despite constant assurances from leftist President Andrés Manuel López Obrador (AMLO) throughout the last 12 months that the nation’s economy was “on track” and would
Read more
By RICARDO CASTILLO Economic Skid Two of the basic economic indicators, demand and supply, plunged down by 19.4 percent in comparison to the same period last year, according to a quarterly report from the Mexican government official pollster, the National Institute of Geography and Statistic (Inegi). The figures reflect statistics both for home and industry, which had been stable since
Read more
XINHUA Mexico’s exports grew by 3.2 percent year-on-year in January, thanks in large part to the manufacturing and petroleum industries, the National Institute of Geography and Statistic (Inegi) announced, Friday, Feb. 28. The Inegi stated in its report that the value of Mexican exports reached over $33.6 billion in the first month of the year, with almost $31.3 billion corresponding
Read more
By RICARDO CASTILLO Fear does not ride on a burro; it flies at the speed of sound! And spreading fear of President Andrés Manuel López Obrador’s (AMLO) economic policies seems to be the leading reason that Mexico’s Gross Domestic Product (GDP) has slumped markedly, to the point of reaching a minimal growth of 0.1 percent for the second quarter of
Read more