Tag Archives: recession

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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AMLO Offers Nothing New in Fourth State of the Nation Address

By MARK LORENZANA With his popularity dropping, violence growing and the country’s economy crashing, Mexican President Andrés Manuel López Obrador (AMLO) on the afternoon of Thursday, Sept. 1, tried his hardest to put a positive spin on his administration’s shortcomings through his State of the Nation Address (Informe de Gobierno) at the National Palace in Mexico City. The 50-minute speech

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Mexican Economy Shrinks for Third Straight Month, Recession Probable

PULSE NEWS MEXICO According to preliminary numbers from Mexico’s National Institute of Statistics and Geography (Inegi), released on Thursday, Aug. 18, the nation’s economy shrank by 0.1 percent in July, constituting the third month in a row with a negative growth rate. In June, Mexico’s economy also contracted by 0.1 percent, and in May, it contracted by 0.2 percent, based

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