National Institute of Statistics and Geography

Mexico's economic activity grows 0.4% during July

After a 0.3% contraction during June, the IGAE rallied. However, primary activities maintain a decrease in their annual comparison.

Inflation remains at 8.76% in the first half of September

The INPC stood at 8.76% during the first fortnight of the national month, below the 8.77% of the second fortnight of August, but exceeded market expectations.

Mexico's economic activity did not grow in August

The Inegi forecasts a monthly drop in secondary activities and a stagnation in tertiary activities, although annual growth is maintained.

Industrial activity grows 0.4% in July, thanks to advances in manufacturing

The indicator has been growing for 5 consecutive months, but activities such as mining and construction registered a contraction compared to June.

Inflation got worse in August: It would have been above the 8.15% annual rate it reached in July

The rise in prices further weakened the purchasing power of Mexicans in the eighth month of the year and widened the gap with Banxico's inflation target.

There are 16.6 million workers in Mexico, without a written contract!

According to the Inegi, four out of 10 paid and subordinate workers lack a role that serves as protection against unjustified dismissals or that gives them access to health services and benefits.

Inegi expects a 1.5% growth of the economy in July

The economic activity would be driven by a growth of 2.7% in secondary activities and 9.8% in tertiary activities.

Industrial activity grows marginally in June, but saves the contraction

With a growth of 0.1%, the Mexican industry shows a slowdown, with a stagnation in manufacturing activities and a drop in the production of oil derivatives.

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