Economy

BMI View: We believe that a long-term correction in global oil prices will have an overall negative impact on the Mexican economy, particularly for the fiscal and external accounts.

Mexico's unemployment rate came in at 4.02% in October, representing a marginal rise from the previous month's figure of 3.98%. Another indicator of changing trends in the workforce... 2006-12-01

The central government's financial accounts have looked increasingly healthy over the past year, and latest data points towards a significant fiscal surplus in 2006. The government... 2006-12-01

BMI View: As Felipe Calderón begins his presidential term in December, he will immediately be confronted by two pressing political issues. In our view, the manner in which these... 2006-11-22

BMI View: President Felipe Calderón's new cabinet appointees are widely perceived to be in favour of market-friendly proposals, which should keep foreign investors relatively optimistic... 2006-11-22

As widely expected, the Mexican economy cooled down slightly in Q306, registering real GDP growth of 4.6% y-o-y. BMI View: While the economic expansion is still relatively solid,... 2006-11-17

BMI View: Mexican industrial production decelerated for a third successive month in September, supporting our view that the economy has gradually begun to feel the effects of weakening... 2006-11-15

BMI View Optimism over the exceptional performance of the economy this year has led the government to raise its real GDP growth forecast for the year twice in the space of a month.... 2006-11-06

Mexican retail sales posted somewhat sluggish growth of 2.9% y-o-y in August, compared to a 4.6% y-o-y increase in the corresponding year-earlier period. In line with this trend,... 2006-11-06

BMI View :There are some encouraging signs that the reform agenda might finally get off the ground under the Calderón administration. Following a recent visit to Mexico City, we... 2006-11-06