XINHUA In the wake of the novel coronavirus pandemic, Mexico’s economic recovery has been “asymmetric,” with export-driven manufacturing bouncing back stronger than retail trade and services for the domestic market, the Mexican Institute of Finance Executives (IMEF) said on Monday, Nov. 2. The IMEF’s manufacturing indicator rose 3.2 points in October compared to the previous month, to reach 50.1, indicating
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XINHUA Retail sales in Mexico rose 7.8 percent in June compared to May, the National Institute of Statistics and Geography (Inegi) reported on Friday, Aug. 21. Sales of wholesale products grew by 11.1 percent in June, their first positive result in three months. The deputy governor of the Bank of Mexico, Jonathan Heath, explained that the figures released by the
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While retailers across the United States are shutting down their brick-and-mortar stores at a record pace, here in Mexico, the in-person shopping experience is as popular as eve
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