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Business and Economy

Inflation in Mexico hits 8.70%; a level not seen since 2000

Mexico closed the month of August with annual general inflation of 8.70%, according to the National Institute of Statistics and Geography (Inegi) on Tuesday, where...
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Trade between Mexico and the US in July reaches a record of $449 billion dollars

Trade between Mexico and the United States totaled $449.8 billion dollars between January and July of this year, thus reaching a new historical record in...
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Formal employment in Mexico has best August in history

Employment during August grew by 157,432 jobs in Mexico, which meant the strongest monthly rise for the eighth month of the year, since records have...
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Know your consumer rights in Mexico: No, a business cannot refuse your torn bills

I have lived in Mexico for 15 years and have found that the refusal to accept torn bills at businesses is common, with OXXO being...
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Fitch Ratings expects Mexico to have zero growth over four years

The Mexican economy could present zero growth in the medium and long term; by 2023, the country will barely recover the levels of 2020, which...
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The Mexican Stock Exchange reported its worst month since August 1998

The Mexican Stock Exchange reported its worst month since August 1998, the year in which it accumulated a monthly loss of 29.52 percent, affected by...
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Mexico’s Central Bank doesn’t expect a recession in Mexico or the US

Victoria Rodríguez Ceja, Governor of the Bank of Mexico (Banxico), assured this Wednesday that the national economy is not headed for a recession, this after...
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Generation Z rebels against excessive work with Quiet Quitting

It is no secret that younger generations are becoming more willing to take care of their mental health and take time for themselves, for this...
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US Markets bet on the depreciation of the Mexican peso in the coming weeks

Judging by the bets on the market, the Mexican peso is in for some turbulence. The most recent data on futures contracts denominated in Mexican...
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Due to inflation, 54% of Mexicans have cut monthly expenses

Inflation and security are the two main concerns of consumers in Mexico and even 54 percent of them already face difficulties in meeting monthly expenses,...
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Inflation in Mexico reached 8.62% in the first half of August, the highest figure in 24 years

The increase in prices of products and services continues to be unstoppable in Mexico. This Wednesday, the National Institute of Statistics and Geography (Inegi) announced...
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Uber users in Mexico agree on decline of service: theft, poor service, rude and aggressive drivers

Some Uber users have denounced a drop in the quality of the service offered by the drivers of the transportation application and have even shown...
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