Economy

BMI View: Mexico's unemployment rate in major cities rose to 5.4% in April from 4.8% in March, although on a three-month moving average basis the broad downward trend seen since the... 2010-06-02

BMI View: Mexico's unemployment rate in major cities rose to 5.4% in April from 4.8% in March, although on a three-month moving average basis the broad downward trend seen since the... 2010-06-02

BMI View: Despite record foreign capital inflows in Q110, we remain wary towards Mexico's longer-term balance of payments outlook. With the first quarter likely to have been the... 2010-05-28

BMI View: We are becoming increasingly dovish towards Mexico's monetary policy outlook, as weak private consumption is exacerbated by what we expect to be another drop in US demand... 2010-05-24

BMI View: Recently released data by Mexico's central bank shows foreign reserves reached US$97.4bn on April 30, a sign that Banxico's policy of reserve accumulation is bearing fruit.... 2010-05-07

Europe's fiscal woes have done little to shift robust sentiment towards Mexican local debt, with the yields on the benchmark 10-Year MBono selling off just 16 basis points between... 2010-05-06

Mexican inflation continued rising in February, according to recent consumer price inflation (CPI) data, reaching 4.83% y-o-y from 4.46% the previous month. The key drivers of the... 2010-04-01

BMI View: Mexico's monthly trade balance turned positive in February, trimming the year-to-date deficit to US$89mn (from US$333mn the previous month). This trend could continue over... 2010-04-01

BMI View: Mexico's monthly trade balance turned positive in February, trimming the year-to-date deficit to US$89mn (from US$333mn the previous month). This trend could continue over... 2010-04-01

BMI View: It is now clear that Mexico's economic revival is based on more than simply base effects alone, with surging exports boosting domestic economic activity. While we are... 2010-03-26