Tag Archives: National Institute of Statistics and Geography

Inflation Soars in Mexico during First Fortnight of 2023

PULSE NEWS MEXICO Despite predictions by both President Andrés Manuel López Obrador (AMLO) and the Central Bank of Mexico (Banxico) that inflation in Mexico had peaked in late 2022, consumer prices increased to 7.94 percent in the first two weeks of January. According to data supplied on Tuesday, Jan. 24, by the National Institute of Statistics and Geography (Inegi), during

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Turbulent Global Economy Will Affect Mexico in 2023

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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Mexico’s Economic Strength Slips as 2022 Comes to a Close

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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