Industry in Mexico
Mexico - IndustryAndrés Manuel López Obrador (AMLO) won the 1 July presidential vote by a 30-point margin, comfortably securing a six-year term as president. The leftist’s landslide victory was widely expected and followed months of market volatility as investors anxiously priced in his policy proposals. A concerted push by AMLO’s campaign to calm investors appeared to work in the weeks running up to the ballot, however, as the peso began an earnest recovery. Moreover, the president-elect’s conciliatory post-election speech positioned him as a pragmatic centrist committed to fiscal responsibility—despite campaign pledges to boost social spending. Although AMLO is only set to take office in December, he appears poised to inherit an improving economy; consumer-spending metrics ticked higher in the second quarter. Meanwhile, industry-related metrics have improved somewhat in recent months on firmer manufacturing output.
Mexico - Industry Data
|Industrial Production (annual variation in %)||-0.2||2.6||1.2||0.4||-0.6|
5 years of economic forecasts for more than 30 economic indicators.
Mexico Industry Chart
Source: Mexico National Statistical Institute (INEGI) and Met the why particular calculations.
|Bond Yield||7.79||-0.24 %||Jul 17|
|Exchange Rate||18.89||-0.29 %||Jul 17|
|Stock Market||48,705||0.12 %||Jul 17|
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July 9, 2018
Consumer prices rose 0.39% from a month earlier in June, contrasting their 0.16% fall recorded in May.
July 5, 2018
Consumer sentiment rose in June, with the seasonally-adjusted consumer confidence index published by INEGI hitting a half-year high of 88.0 points, up from a revised 87.1 points (previously reported: 87.0 points) in May.
July 2, 2018
Remittances totaled USD 3.1 billion in May (April: USD 2.7 billion), a robust 19.8% increase from the same month last year, accelerating from the 17.9% rise registered in April.
July 2, 2018
Mexico’s manufacturing sector wrapped up the first half of the year on a high note.
June 27, 2018
Merchandise trade recorded a USD 1.6 billion deficit in May, widening notably from the USD 1.2 billion deficit registered in May 2017 and also the USD 289 million deficit registered in April.