By THE PULSE NEWS MEXICO STAFF The number of impoverished Mexicans with full-time jobs increased by roughly 10 percent in the first quarter of 2021, according to the National Institute of Statistics and Geography (Inegi) and the National Council of Evaluation of Social Development Policy (Coneval). In a joint report published on Tuesday, May 18, the Inegi and Coneval stated
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By THE PULSE NEWS MEXICO STAFF Private investment in Mexico sank 19.89 percent in 2020, its biggest decline in 25 years. The decrease in fresh investment, measured as the Gross Formation of Private Fixed Capital (GFCF), represents the deepest slide since the 1995 financial crisis, when investment dropped by 38.51 percent, according to seasonally adjusted figures from the National Institute
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By THE PULSE NEWS MEXICO STAFF Mexico’s inflation rate soared to 6.1 percent in April, its highest level since the year 2000, according to figures released on Friday, May 7, by the National Institute of Statistics and Geography (Inegi). The federal government’s inflation rate is based on the prices of the country’s basic food basket, food and household products that
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By THÉRÈSE MARGOLIS Mexico’s annual inflation rate reached 6.05 percent in the first quarter of 2021, its highest level since December 2017, according to the National Institute of Statistics and Geography (Inegi). In a report issued on Thursday, April 22, the Inegi said that the National Consumer Price Index (INPC) registered a 6.05 percent annual variation in the first half
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By KELIN DILLON In the two years of the current presidential administration, Mexico’s government only gave out scholarships to 10 percent of its disabled population, while cutting millions of pesos in funding from the organization that defends their human rights, leaving the country’s disabled community hung out to dry amid the devastating covid-19 pandemic. According to the National Institute of
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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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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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By KELIN DILLON Mexico City’s new single-use plastic ban has left women in the capital city in a rough position during their menstrual cycles, following the city’s temporary ban of tampons until their plastic applicators are replaced with more environmentally-friendly packaging. But while Mexico City’s women will undoubtedly suffer temporarily until the situation is resolved, it is nothing compared to
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By KELIN DILLON Mexico’s usually-robust tourism industry suffered brutal losses in 2020 due to the coronavirus pandemic, reaching its lowest level since World War II, and now experts are warning that 2021 could fare even worse for Mexico’s tourism than its predecessor. Mexico’s National Institute of Statistics and Geography (Inegi) revealed in a report there was a 46 percent drop
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XINHUA New vehicle sales in Mexico plummeted by 22.5 percent in January compared to the same month of 2020, after a rebound in the novel coronavirus pandemic led to reimposed lockdowns, official figures showed Thursday, Feb. 4. A total of just 81,203 vehicles were sold in the first month of the year, compared 104,852 units in January of last year,
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