Economy

BMI View: In line with our expectations, Banxico kept the benchmark lending rate unchanged in September at 7.00%. We believe that there is little scope for a further cut this year,... 2006-09-25

BMI View: Mexico's trade balance registered a deficit of US$319mn in July, according to national data service INEGI. This figure was narrower than expected and reflects solid export... 2006-09-07

The authorities at Mexico's central bank, Banxico, decided to hold the benchmark interest rate unchanged at 7.0% for a fourth successive meeting in August, reiterating that they... 2006-09-07

The authorities at Mexico's central bank, Banxico, decided to hold the benchmark interest rate unchanged at 7.0% for a fourth successive meeting in August, reiterating that they... 2006-09-07

BMI View: With real GDP growth on course to exceed 4.0% this year, Mexico appears to be on the road to recovery from the rather disappointing expansion of 2.7% in 2005. For the most... 2006-09-05

BMI View: The economy expanded by 6.2% y-o-y in May, according to the Global Indicator of Economic Activity (IGAE). May's figures signal a marked monthly rise from 1.6% y-o-y in April.... 2006-08-21

The Mexican economy maintained its solid performance in Q206, registering real GDP growth of 4.7% y-o-y, although down slightly from Q106's rate of 5.5% y-o-y. Considering that there... 2006-08-17

Yesterday, the Mexican authorities held a successful MXN135bn (US$12.4bn) sale of peso-denominated bonds, the proceeds of which will be used to pay down their external debt liabilities.... 2006-08-11

Mexico continued to attract high levels of foreign direct investment (FDI) in 2005. However, investment inflows are declining - FDI fell 1.04% y-o-y in 2005 to reach US$18.06bn while... 2006-07-17

Mexico's economy is booming again, with real GDP in the first quarter growing at its strongest pace in more than six years. Indeed, the news has been pretty much positive across... 2006-06-14