Services

NEWS FLASH

UPCOMING WEBINAR - CAUCASUS AND CENTRAL ASIA: ECONOMIC UPSWINGS AND POL...

Learn More

COUNTRY INSIGHTS

Economics: Housing resurgence is limited by credit scarcity while GFI in construction of trade-related capacity dominates the private component
MEXICO · Report · 23 Jan 2024 · 1 response

Much of the dynamism that we have been witnessing in the construction sector is explained by the latest rise in spending on public works, especially with what the current administration is pumping into its flagship railroad projects, as we noted in our January 8 Outlook. However, in recent months...

Politics: Xóchitl gains traction as quiet interlude begins, MC nominee stumbles out of the gate as AMLO fences Claudia in
MEXICO · Report · 22 Jan 2024

Now that we have reached the end of the period of campaigning for presidential nominations, it is worth assessing where the race stands. Following months of missteps, the opposition front’s Xóchitl Gálvez hit her stride with a series of successful events just as this period was drawing to a close...

Economics: Wage hikes and pending and potential labor reforms heighten labor cost pressures following a slight 4Q inflation rebound
MEXICO · Report · 16 Jan 2024

Consumer inflation concluded December 2023 with a slight rebound above levels of the previous few months, but at 4.66% it was considerably lower than the 7.82% year-end rate of 2022. Core inflation (5.09%) continued to outpace headline inflation, pressured higher by core services (5.33%), and foo...

Politics: A de-legitimizing loss of civility, and new corruption scandals within the 4T and the opposition threaten citizen participation
MEXICO · Report · 16 Jan 2024

The behaviors and practices of members of the political class from all parties in Mexico show with increasing brazenness what little regard they have for rules. The privileges that government officials and party leaders have historically enjoyed plus the widespread corruption under the previous p...

Economics: Continuing tear in construction is a major driver of GDP growth, but the data is both uneven and demanding of further review
MEXICO · Report · 08 Jan 2024

Mexico’s economy is currently estimated by analysts to have grown 3.2% in 2023, a result in line with what the Ministry of Finance projected in the general economic assumptions text (CGPE) and significantly higher than the roughly 1.0% increase the market consensus anticipated at the beginning of...

Politics: Opposition in need of new strategies as support slips despite widespread discontent with the incumbents
MEXICO · Report · 08 Jan 2024

As we continue our analysis of the latest GEA-ISA quarterly poll of registered voters, we see that while support for Claudia Sheinbaum remained largely unchanged at slightly above 50%, she grew her lead over Xóchitl Gálvez, for whom support fell by 4pp. The gap separating them widened from 19 to ...

Economics: Continuing strength in US and Mexico activity with controlled inflation bode well for 2024 despite hawkish monetary policy
MEXICO · Report · 19 Dec 2023

The economic outlook for year-end 2023 and 2024 remains mixed. Continuing progress in international economic activity has been encouraging, with US GDP growth driven by personal consumption in goods and services, an expansion that has defied the Fed’s hawkish stance since the beginning of 2022, a...

Politics: Voter support for Xóchitl slips while that of Claudia and Morena may have run up against a hard ceiling
MEXICO · Report · 18 Dec 2023

This week we are releasing the results of the latest GEA-ISA quarterly poll of registered voters on the general situation of the country and electoral preferences. It delivered results very similar to those of last September, but the numbers that departed from the results of three months ago may ...

Economics: Balance of payments data are mixed, with incipient problems in foreign trade, the private sector forex surplus and FDI
MEXICO · Report · 12 Dec 2023

Banco de México presented its balance of payments report for the third quarter and for the first nine months of 2023. While the results were largely in keeping with what we have seen for recent quarters, they contained several aspects that warrant further examination. The first is the gradual...

Politics: A presidential campaign that wasn’t as MC’s García bid implodes, providing some breathing space for Xóchitl
MEXICO · Report · 11 Dec 2023

The late October decision by Nuevo León Governor Samuel García to act on his presidential nomination from the MC party and begin campaigning for the country’s highest office sparked a seemingly farcical series of events that, in retrospect, appear to have been entirely predictable. At least for t...

Economics: Data shows strong economic growth even as rising public deficit and debt pose future problems
MEXICO · Report · 04 Dec 2023

As we look back at the indicators released over the course of November, the headline note came from the GDP report for the third quarter. The definitive data showed continuing momentum through an eighth consecutive quarter and prompted many to adopt a brighter outlook. The GDP numbers for the thi...

Politics: Latest effort to stack the Supreme Court falls short, but AMLO and Sheinbaum prepare Plans C and D
MEXICO · Report · 04 Dec 2023

There is no reason to believe that President López Obrador is going to abandon his longstanding campaign to bring the Judicial Branch under his control and, barring that, to hamstring it and starve it of funding. The latest effort in that latter regard is his administration’s attempt to dissolve ...

Economics: Construction boosts GDP growth in the third quarter, while manufacturing stagnates
MEXICO · Report · 28 Nov 2023

Third quarter GDP data released Friday was closely in line with what Inegi estimated roughly a month earlier in the preliminary figures, with the economy growing an annual 3.3% and a cumulative 3.6% for the first nine months of the year. Growth continues to be driven, above all, by the constructi...

Politics: General presidential campaigns de facto underway as FAM campaign struggles to gain traction and MC looks for opening opportunities
MEXICO · Report · 27 Nov 2023

According to the electoral authority’s calendar, each party’s campaign to choose its respective presidential candidate got underway November 20. But in the latest example of election law's distantly lagging political reality, those pre-campaigns have been unfolding for many months, with the two m...

Politics: Movements towards the 2024 presidential elections
MEXICO · Report · 20 Nov 2023

It is now clear which presidential candidates will be on the ballot next year. While it has long been known that Xóchitl Gálvez will head up the ticket of the PAN, PRI and PRD alliance Broad Front for Mexico (FAM) and Claudia Sheinbaum that of Morena and its minor party allies, last week the Citi...

Copyright 2024 GlobalSource Partners. All rights reserved.