Economy

Mexico's real GDP growth figures for 2005 have been confirmed at 2.7% y-o-y, revised from earlier data, which showed an annual growth rate of 3.0%. This data supports our concerns... 2006-03-15

Mexico's trade deficit shrank to US$1.2bn in December from US$1.5bn in November and US$2.3bn in December 2004. Exports were up 21.6% y-o-y to US$19.4bn while imports rose 15.7% to US$20.6bn.... 2006-02-20

Mexico's external sector continued to disappoint in the third quarter of 2005 as a result of the falling external demand and also a loss of competitiveness of Mexican exports in international... 2006-02-10

The economy has bounced back quickly over the past two years, buoyed domestically by robust demand and strengthening macroeconomic fundamentals and externally by high oil prices and... 2006-02-10

There have now been over 100 confirmed human cases of bird flu (Avian H5N1), with 51% of these resulting in death. The World Health Organisation (WHO) has warned that this virus has... 2006-02-10

Guillermo Ortiz, governor of Mexico’s central bank, Banxico, expects the Mexican economy to grow by 3-3.5% this year. This is a fairly lacklustre projection, following expected... 2006-01-25

2005 was a great year for inflation with the consumer price index (CPI) reaching historically low levels unlike any seen in over 30 years. The risks to inflation in 2006 however,... 2006-01-19

The peso staged a comeback in November, after a two-month bout of weakness triggered by a slate of disappointing economic data. However, we see little compelling evidence to suggest... 2005-12-12

In the immediate aftermath of a dollar crash Mexico would be the hardest hit in the Latin America region. However, despite a low base of comparison, the economy recovers faster than... 2005-12-02

The balance of payments position remained positive in Q205, with the current account deficit approaching zero, thanks to higher inflows from remittances and tourism, combined with... 2005-11-25