MEXICO
Analysts
Mauricio González
Former Director of Economic Policy, Finance Ministry
Guillermo Valdés
Former Director, Center of Investigation & National Security
Mariano Ruiz-Funes
Former Director of Financial Policy, Ministry of Finance
Francisco González
Economic Consultant, GEA Grupo de EconomistasDatabanks
Events
Recent Country Insights
Politics: Scandal puts massive and new forms of fuel theft back in focus
MEXICO · Report · 15 Sep 2025
A new chapter has opened in the saga of Mexico’s history with massive fuel theft. The issue had been before the public for quite some time, when fuel theft, known as huachicol, was considered to be limited to siphoning off massive quantities of gasoline at Pemex pipelines around the country. But ...
Economics: A first glance at the 2026 Economic Package sent to Congress on September 8
MEXICO · Report · 15 Sep 2025 · 1 response
On Monday, September 8, the Ministry of Finance and Public Credit (SHCP) sent the 2026 Economic Package to Congress. It includes the government’s forecasts for the country’s macroeconomic outlook, as well as proposals of revenue, expenditures, and the public sector fiscal deficit, which includes ...
Economics: Employment stagnates in the second quarter and July 2025
MEXICO · Report · 09 Sep 2025 · 1 response
According to the National Occupation and Employment Survey (ENOE), for the second quarter of 2025 and July, the growth in job numbers indicates a clear slowdown that began last year, consistent with the overall weakening of the economy. The employed population experienced a weak annual increase, ...
Politics: Mexico pleased with the results of the Sheinbaum-Rubio meeting, but underlying differences remain
MEXICO · Report · 08 Sep 2025
The much awaited meeting between Mexican President Claudia Sheinbaum and U.S. Secretary of State Mark Rubio was finally held in Mexico City on September 3. It was the highest-level meeting between the two countries since Donald Trump took office seven months ago. The meeting was held in shadow o...
Economics: The data published in August reflects an economy that remains weak
MEXICO · Report · 02 Sep 2025
Economic data published in August indicate that while the economy improved its performance in the second quarter and in July, it remains weak. Industrial activity continues to show a slight decline, and services, while experiencing relatively high growth, are seeing some sectors affected by lower...
Politics: Congress resumed on September 1, with no big surprises, as continuity is maintained with AMLO’s project
MEXICO · Report · 02 Sep 2025
The second year of the current congressional period of sessions began on September 1 with no big surprises. Morena legislators provided a sneak preview of its agenda. Apart from the 2026 economic package (revenue law and expenditure budget for 2026), there are no new significant issues on the go...
Economics: Considerable reduction in multidimensional poverty in 2024 due to an increase in labor income
MEXICO · Report · 26 Aug 2025
The National Institute of Statistics and Geography (Inegi) published the results of the 2024 Multidimensional Poverty measurement. This is the first time Inegi has been in charge of the report, following the dissolution of Coneval, which had been responsible for calculating multidimensional pover...
Politics: Highly questioned Judicial Reform validation—prelude to a more opaque election model?
MEXICO · Report · 25 Aug 2025
The June 2 Judicial Election was questioned from the word go. It was criticized as a logistical nightmare with voters having to decide between hundreds of unknown candidates, with severely restricted limits on campaigning, and perhaps most importantly, the danger that the public electing the judi...
Economics: A new strategic plan and a T-bill backed financing mechanism are the latest efforts to rescue an inwardly focused Pemex
MEXICO · Report · 19 Aug 2025
A new financing mechanism for Pemex was announced at the end of July. Although it involves taking on more debt, those liabilities are to be recorded off-balance sheet and could be implemented once again in the near future. It was unveiled not long before Pemex announced its "Strategic Plan 2025-2...