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Mexico
Featured Content
Mexico: External Accounts
Are Mexico's External Accounts Improving? What About Export Diversification?
Macroeconomy
Mexico: Fiscal Accounts
Mexico's Fiscal Accounts Outlook
Mexico's Credit Ratings Reinforced by Moody's
Mexico : Latin America : Macroeconomy : Current Financial Crisis : Fiscal Policy : Systemic Risk, Vulnerabilities and Asset Bubbles :
Mexico: External Accounts
Are Mexico's External Accounts Improving? What About Export Diversification?
New Intervention Mechanism for the Mexican Peso: How Much Will Mexico Defend Its Currency?
Mexico : Emerging Markets : Latin America : Macroeconomy : Markets : Currencies : Past Financial Crisis : Systemic Risk, Vulnerabilities and Asset Bubbles :
Markets
Mexico: Key Sectors
Will Incentive-Based Service Contracts Increase Mexican Oil Production?
U.S. ISM Manufacturing Index Up in January, New Orders and Exports Improve
Mexico : Latin America : Geostrategy : Markets : Commodities : Energy : Energy Security and Policy : Oil and Energy :
Mexico: External Accounts
Are Mexico's External Accounts Improving? What About Export Diversification?
New Intervention Mechanism for the Mexican Peso: How Much Will Mexico Defend Its Currency?
Mexico : Emerging Markets : Latin America : Macroeconomy : Markets : Currencies : Past Financial Crisis : Systemic Risk, Vulnerabilities and Asset Bubbles :
Finance & Banking
Geostrategy
Mexico: Politics
2011-2012 Mexican Elections: Who Will Lead Mexico's Future?
Mexico: The Human and Economic Impact of Drug Trafficking
Mexico : Latin America : Geostrategy : Foreign and Domestic Political Risk :
Mexico: Key Sectors
Will Incentive-Based Service Contracts Increase Mexican Oil Production?
U.S. ISM Manufacturing Index Up in January, New Orders and Exports Improve
Mexico : Latin America : Geostrategy : Markets : Commodities : Energy : Energy Security and Policy : Oil and Energy :
Mexico: Domestic Politics
Mexico: The Human and Economic Impact of Drug Trafficking
Mexico : Geostrategy : Foreign and Domestic Political Risk :
APEC's Growing Profile
East Asia Summit Eclipsed by U.S.-China Rivalry and South China Sea
Free Trade Agreements Between Andean Countries and the Rest of the World
Australia : Canada : Chile : China : Colombia : Hong Kong : Indonesia : Japan : Malaysia : Mexico : Northeast Asia : Pacific : Peru : Philippines : Singapore : South Korea : Southeast Asia : Thailand : Vietnam : Asia/Pacific : Latin America : Geostrategy : IMF and International Economic Institutions : International Organizations :
Key Indicators
Dollar exchange rate
Mexican pesos/USD - Mexico
Mexican pesos/USD - Mexico
12.36, 12.42, 12.46, 12.45, 12.35
12.35
Disc. International Trade
Balance, Total, Thousand USD - Mexico
Balance, Total, Thousand USD - Mexico
-782.3, -1074.65, 92.87, -195.22, -245.78
-245.78
IP
Total (2003=100) - Mexico
Total (2003=100) - Mexico
109.28, 113.46, 114.37, 113.55, 116.14
116.14
Overall Economic Activity Indicator
NSA, 2003=100 - Mexico
NSA, 2003=100 - Mexico
-2.32, 2.57, 1.57, 0.46, 0.46
0.46
Unemployment Rate
Total, Percent - Mexico
Total, Percent - Mexico
5.28, 4.94, 5.43, 5.38, 4.61
4.61
Consumer Price Index
Core, 2010=100 - Mexico
Core, 2010=100 - Mexico
3.62, 3.63, 3.61, 3.21, 3.18
3.18
Consumer Survey
Consumer Confidence Index (January 2003=100) - Mexico
Consumer Confidence Index (January 2003=100) - Mexico
88.5, 91.2, 92.25, 91.69, 89.74
89.74
data by Factset
Mexico Outlook: Enjoy the Momentum While It Lasts
Q3 GDP data and economic activity indicators signal that domestic demand may be gaining some strength, supported by stronger-than-expected U.S. activity. However, downside risks to global growth continue to threaten Mexico’s recovery. Inflation has surprised to the downside, and medium-term prospects have improved. Pass-through from a weaker currency is a risk, although for the moment the impact has been limited. Policy implementation will be contingent on external activity. We expect rate cuts in Mexico, triggered by a wave of monetary easing in developed economies due to downside risks to growth.
Read the latest Mexico Outlook
Economic Research
Central Bank Watch
Central Bank Watch Focus: The Evolution of Emerging Market Monetary Policy
By Feb 9, 2012
LatAm Weekly
Policy Dilemmas—Monitoring Inflation, Watching Investment, Timing Rate Cuts
By Feb 6, 2012
LatAm Weekly
Brazil Monetary Policy and Economic Activity; Mexico Monetary Policy; Argentina Economic Activity; Colombia Leading Indicators
By Jan 16, 2012
LatAm Weekly
Brazil Retail Sales; Mexico Economic Activity; Chile Monetary Policy; Peru Monetary Policy
By Jan 9, 2012
LatAm Weekly
Mexico Retail Sales; Argentina GDP and Activity Indicators; Colombia Q3 GDP; Peru Politics
By Dec 19, 2011
LatAm Weekly
Brazil Monetary Policy, Mexico Monetary Policy, Chile Activity Indicators, Colombia Monetary Policy
By Nov 28, 2011
LatAm Weekly
Mexico Inflation Report; Chile Q3 GDP and Monetary Policy; Colombia Activity Indicators; Peru GDP
By Nov 14, 2011
LatAm Weekly
Brazil Inflation; Mexico Activity and Inflation; Chile Trade; Peru Monetary Policy
By Nov 7, 2011
LatAm Weekly
Brazil Central Bank's Uninspiring Minutes; Banxico Cautious About MXN Depreciation; Argentina Construction Likely to Decelerate
By Oct 31, 2011
LatAm Weekly
Argentina Politics; Brazil Minutes; Mexico and Chile Activity; Colombia Monetary Policy; Peru Fiscal Policy
By Oct 24, 2011
LatAm Weekly
Brazil’s Monetary Policy; Mexico, Colombia and Peru’s Activity Indicators; Venezuela’s Debt
By Oct 17, 2011
LatAm Weekly
Monetary Policy and Industrial Activity in Mexico; Chile to Remain On Hold; Colombia's Central Bank Minutes
By Oct 10, 2011
LatAm Weekly
Monetary Policy in Brazil, Mexico, Chile and Peru; Economic Activity in Argentina; Politics in Mexico
By Sep 12, 2011
LatAm Weekly
Brazil Rate Cut; Inflation in Mexico; Monetary Policy in Colombia, Chile, Peru
By Sep 5, 2011
Central Bank Watch
Summary Table: RGE Policy Rate Forecasts and Market Interbank Rate Expectations
By Aug 19, 2011
LatAm Weekly
Retail Sales in Brazil; CPI in Mexico; Exports in Chile; Monetary Policy in Peru
By Aug 8, 2011
LatAm Weekly
Brazilian Central Bank Dovish; Mexican Indicator Rebounds; Colombian Rate Hike Expected; Peruvian Economic Team Appointed
By Jul 25, 2011
LatAm Weekly
Monetary Policy Diverges in Brazil, Mexico and Chile, While Argentina Decelerates
By Jul 18, 2011
LatAm Weekly
Brazil’s Domestic Demand Indicators; Mexico’s Industrial Production; Chile’s Monetary Policy; Peru’s May GDP
By Jul 11, 2011
LatAm Weekly
Inflation in Brazil; Mexico’s Monetary Policy; GDP Growth in Chile; Venezuela’s President Treated for Cancer
By Jul 5, 2011
LatAm Weekly
Brazilian Capital Flows; Mexican Economic Activity; Argentine Politics; Chilean IP
By Jun 27, 2011
Global Economic Outlook
Latin America Outlook Update: Converging Toward Potential Growth
By Jun 21, 2011
LatAm Weekly
High Inflation in Brazil, Mexico; Economy to Stabilize in Chile; Rate-Hike Outlook in Colombia; New President in Peru
By Jun 6, 2011
LatAm Weekly
Brazil’s Q1 GDP; Mexico and Colombia’s Monetary Policy Decisions; Peru’s Key Indicators
By May 31, 2011
LatAm Weekly
Brazil's New Financial Committee; Mexico and Chile's Likely Monetary Policy Paths
By May 23, 2011
LatAm Weekly
Brazil’s Central Bank Moves Cautiously Forward While Banxico Remains Neutral
By May 2, 2011
LatAm Weekly
Brazil’s Monetary Policy to Rely on Fiscal and Credit Policies; Mexico’s Economic Activity Surprises
By Jan 28, 2011
LatAm Weekly
Brazil’s Current Account Deficit Doubles; Mexico’s Inflation Expected to Drop
By Jan 26, 2011
LatAm Weekly
Brazil Expected to Tighten; Mexico’s IP Decelerates; Chavez Requests Special Powers
By Dec 15, 2010
LatAm Weekly
Brazil’s Inflation Pressures Elevated; Mexico’s Industrial Output Decelerates
By Nov 12, 2010
LatAm Weekly
Brazil’s Consumer Confidence Stalls; Mexico’s Shy Recovery Persisted in Q2 2010
By Sep 24, 2010
LatAm Weekly
Brazil’s Current Account Deficit Widens; Argentina’s Growth Unsustainable
By Sep 22, 2010
Economic Research
Six Crises, 2009: A Half-Dozen Ways Geopolitics Could Upset Global Recovery
By Jul 31, 2009
Economic Research
Mexico: Headline Inflation Surprised to the Downside but Core CPI Remained Sticky in January
By Feb 10, 2009
Economic Research
Latin American CDS Spreads and Currencies: A Quick, Descriptive Analysis
By Oct 27, 2008
Economic Research
Pragmatism or Populism: Which Will be the New Latin America's Dominant Ism?
By May 11, 2006
Economic Research
CENTRAL BANK WATCH
Central Bank Watch Focus: The Evolution of Emerging Market Monetary Policy
By Feb 9, 2012
LATAM WEEKLY
Policy Dilemmas—Monitoring Inflation, Watching Investment, Timing Rate Cuts
By Feb 06, 2012
LATAM WEEKLY
Brazil Credit Growth; Mexico Activity Indicators; Chile Monetary Policy
By Jan 23, 2012
LATAM WEEKLY
Brazil Monetary Policy and Economic Activity; Mexico Monetary Policy; Argentina Economic Activity; Colombia Leading Indicators
By Jan 16, 2012
LATAM WEEKLY
Brazil Retail Sales; Mexico Economic Activity; Chile Monetary Policy; Peru Monetary Policy
By Jan 09, 2012
LATAM WEEKLY
Mexico Retail Sales; Argentina GDP and Activity Indicators; Colombia Q3 GDP; Peru Politics
By Dec 19, 2011
LATAM WEEKLY
Brazil Monetary Policy, Mexico Monetary Policy, Chile Activity Indicators, Colombia Monetary Policy
By Nov 28, 2011
LATAM WEEKLY
Mexico Inflation Report; Chile Q3 GDP and Monetary Policy; Colombia Activity Indicators; Peru GDP
By Nov 14, 2011
LATAM WEEKLY
Brazil Inflation; Mexico Activity and Inflation; Chile Trade; Peru Monetary Policy
By Nov 07, 2011
LATAM WEEKLY
Brazil Central Bank's Uninspiring Minutes; Banxico Cautious About MXN Depreciation; Argentina Construction Likely to Decelerate
By Oct 31, 2011
LATAM WEEKLY
Argentina Politics; Brazil Minutes; Mexico and Chile Activity; Colombia Monetary Policy; Peru Fiscal Policy
By Oct 24, 2011
LATAM WEEKLY
Brazil’s Monetary Policy; Mexico, Colombia and Peru’s Activity Indicators; Venezuela’s Debt
By Oct 17, 2011
LATAM WEEKLY
Monetary Policy and Industrial Activity in Mexico; Chile to Remain On Hold; Colombia's Central Bank Minutes
By Oct 10, 2011
LATAM WEEKLY
Monetary Policy in Brazil, Mexico, Chile and Peru; Economic Activity in Argentina; Politics in Mexico
By Sep 12, 2011
LATAM WEEKLY
Brazil Rate Cut; Inflation in Mexico; Monetary Policy in Colombia, Chile, Peru
By Sep 05, 2011
CENTRAL BANK WATCH
Summary Table: RGE Policy Rate Forecasts and Market Interbank Rate Expectations
By Aug 19, 2011
LATAM WEEKLY
Retail Sales in Brazil; CPI in Mexico; Exports in Chile; Monetary Policy in Peru
By Aug 08, 2011
LATAM WEEKLY
Brazilian Central Bank Dovish; Mexican Indicator Rebounds; Colombian Rate Hike Expected; Peruvian Economic Team Appointed
By Jul 25, 2011
LATAM WEEKLY
Monetary Policy Diverges in Brazil, Mexico and Chile, While Argentina Decelerates
By Jul 18, 2011
LATAM WEEKLY
Brazil’s Domestic Demand Indicators; Mexico’s Industrial Production; Chile’s Monetary Policy; Peru’s May GDP
By Jul 11, 2011
LATAM WEEKLY
Inflation in Brazil; Mexico’s Monetary Policy; GDP Growth in Chile; Venezuela’s President Treated for Cancer
By Jul 05, 2011
LATAM WEEKLY
Brazilian Capital Flows; Mexican Economic Activity; Argentine Politics; Chilean IP
By Jun 27, 2011
GLOBAL ECONOMIC OUTLOOK
Latin America Outlook Update: Converging Toward Potential Growth
By Jun 21, 2011
LATAM WEEKLY
High Inflation in Brazil, Mexico; Economy to Stabilize in Chile; Rate-Hike Outlook in Colombia; New President in Peru
By Jun 06, 2011
LATAM WEEKLY
Brazil’s Q1 GDP; Mexico and Colombia’s Monetary Policy Decisions; Peru’s Key Indicators
By May 31, 2011
LATAM WEEKLY
Brazil's New Financial Committee; Mexico and Chile's Likely Monetary Policy Paths
By May 23, 2011
LATAM WEEKLY
Brazil’s Central Bank Moves Cautiously Forward While Banxico Remains Neutral
By May 02, 2011
LATAM WEEKLY
Brazil’s Monetary Policy to Rely on Fiscal and Credit Policies; Mexico’s Economic Activity Surprises
By Jan 28, 2011
LATAM WEEKLY
Brazil’s Current Account Deficit Doubles; Mexico’s Inflation Expected to Drop
By Jan 26, 2011
LATAM WEEKLY
Brazil Expected to Tighten; Mexico’s IP Decelerates; Chavez Requests Special Powers
By Dec 15, 2010
LATAM WEEKLY
Brazil’s Inflation Pressures Elevated; Mexico’s Industrial Output Decelerates
By Nov 12, 2010
LATAM WEEKLY
Brazil’s Central Bank Remains Dovish; Political Uncertainty in Argentina
By Oct 29, 2010
LATAM WEEKLY
Brazil’s Consumer Confidence Stalls; Mexico’s Shy Recovery Persisted in Q2 2010
By Sep 24, 2010
LATAM WEEKLY
Brazil’s Current Account Deficit Widens; Argentina’s Growth Unsustainable
By Sep 22, 2010
Economic Research
Central Banks Determined to Tighten but Cautious of Global Jitters
By Jun 17, 2010
Economic Research
Six Crises, 2009: A Half-Dozen Ways Geopolitics Could Upset Global Recovery
By Jul 31, 2009
Economic Research
Mexico: Headline Inflation Surprised to the Downside but Core CPI Remained Sticky in January
By Feb 10, 2009
Economic Research
Latin American CDS Spreads and Currencies: A Quick, Descriptive Analysis
By Oct 27, 2008
Economic Research
Pragmatism or Populism: Which Will be the New Latin America's Dominant Ism?
By May 11, 2006
EconoMonitors
Latin America Channel
What to Watch in 2012: Two Elections That Could Transform Latin America
Jan 12, 2012
Latin America Channel
Mexico 2012 Presidential Elections: Finance Minister Cordero may not Pursue PAN Nomination
Jul 28, 2011
Latin America Channel
Mexico: Finance Minister Cordero Likely to Seek Presidential Candidacy - Prospects and Ramifications
Jun 6, 2011
Geostrategy Channel
Mexico’s July 4th State and Local Elections Results: Analysis and Ramifications
Jul 15, 2010
RGE Analysts
Exit Strategy Has begun in Brazil, Inflation Surprised to the Downside in Mexico
Feb 25, 2010
RGE Analysts
Latin America: A Closer Look at Inflation and Growth Dynamics in Brazil, Mexico, Argentina and Colombia
Feb 23, 2010
RGE Analysts
Stars Align for an Early Hike in Brazil, Mexico's Regulators Ease Pension Fund Investment Rules
Feb 18, 2010
Geostrategy Channel
Mexico - 2010 State and Local Elections: Relevance, Current Dynamics, and Outlook
Feb 3, 2010
Geostrategy Channel
A New Latin American Boom Seems to be Starting but it will be Plagued with Risks
Feb 2, 2010
Geostrategy Channel
Carstens Proposed to Lead Banxico; Cordero Goes to Hacienda; Changes Do Not Improve the Status Quo; Political Appointments Prevail at Hacienda and Sedesol
Dec 10, 2009
Daily Digest
News
Mexico Inflation Breached Target in January as Drought Costs Rose: Economy
Bloomberg Feb 09, 2012
Opinions
Banxico (Mexico): Monetary Policy Path Linked to Global Scenario
Roubini Global Economics Feb 09, 2012
News
UPDATE: Bank Of Mexico Minutes Show Division On Inflation Outlook
The Wall Street Journal Feb 06, 2012
News
Carstens Says Peso Appreciation Will Help Keep Mexico’s Inflation Below 4%
Bloomberg Jan 27, 2012
News
Carstens Says Mexico’s Historic Drought May Hamper Inflation Expectations
Bloomberg Jan 30, 2012
Analysis
2012 January Capital Flows to Emerging Market Economies
Institute of International Finance Jan 24, 2012
Analysis
Emerging Markets Briefer: Surprisingly sunny dawn of 2012 – let’s see if it continues
Danske Markets Research Jan 20, 2012
News
Mexico’s 99 Percent: How the Next President Can Reduce Poverty and Inequality
Council on Foreign Relations Jan 19, 2012
Analysis
Brazil Monetary Policy and Economic Activity; Mexico Monetary Policy; Argentina Economic Activity; Colombia Leading Indicators
RGE Analysis Jan 16, 2012
Analysis
Report to Congress on International Economic and Exchange Rate Policies (Dec 2011)
US Dept of Treasury Dec 27, 2011
Analysis
Mexico Retail Sales; Argentina GDP and Activity Indicators; Colombia Q3 GDP; Peru Politics
RGE Dec 20, 2011
Opinions
Economic Ties Between the United States and Mexico
Council on Foreign Relations Dec 16, 2011
News
Mexico’s Meade Urges G-20 to Keep Flexible Exchange Rates to Spur Growth
Bloomberg Dec 13, 2011
News
Mexico Won’t Implement Additional Measures to Bolster Peso, Rodriguez Says
Bloomberg Nov 30, 2011
Analysis
Brazil Monetary Policy, Mexico Monetary Policy, Chile Activity Indicators, Colombia Monetary Policy
RGE Nov 28, 2011
News
Mexico’s Quarterly GDP Growth May Leave Central Bank No Room to Cut Rates
Bloomberg Nov 23, 2011
Analysis
Does openness generate growth? Reconciling the experiences of Mexico and China
VoxEU Nov 19, 2011
Analysis
Mexico Inflation Report; Chile Q3 GDP and Monetary Policy; Colombia Activity Indicators; Peru GDP
RGE Nov 14, 2011
Analysis
Mexico Inflation Report; Chile Q3 GDP and Monetary Policy; Colombia Activity Indicators; Peru GDP
RGE Nov 14, 2011
Analysis
The Strengths and Challenges of Mexico’s Financial System
Central Bank of Mexico Nov 08, 2011
RGE Writings
Brazil Inflation; Mexico Activity and Inflation; Chile Trade; Peru Monetary Policy
RGE Nov 07, 2011
News
Biggest Bond Rally in Three Months Spurred by Rate-Cut Bets: Mexico Credit
Bloomberg Nov 07, 2011
News
Mexico Scraps Plans to Build 10 Nuclear Power Plants in Favor of Using Gas
Bloomberg Nov 04, 2011
News
Remittances Show Peso Rebound May Boost Local-Currency Debt: Mexico Credit
Bloomberg Nov 04, 2011
Analysis
Argentina Politics; Brazil Minutes; Mexico and Chile Activity; Colombia Monetary Policy; Peru Fiscal Policy
Roubini Global Economics Oct 24, 2011
News
ICE Clear to Offer First Credit Default Swap Clearing for Sovereign Debt
Bloomberg Oct 21, 2011
Analysis
Brazil’s Monetary Policy; Mexico, Colombia and Peru’s Activity Indicators; Venezuela’s Debt
RGE Oct 17, 2011
Analysis
Monetary Policy and Industrial Activity in Mexico; Chile to Remain On Hold; Colombia’s Central Bank Minutes
RGE Oct 10, 2011
News
Avocado Plunge Helping Sap Demand for Inflation Protection: Mexico Credit
Bloomberg Oct 10, 2011
News
Euro Rises on Bank Recapitalization Talks, Bernanke’s Economic Aid Pledge
Bloomberg Oct 04, 2011
News
Euro Rises on Speculation Region’s Leaders Will Contain Crisis
Bloomberg BusinessWeek Sep 29, 2011
News
Slim Not Spared as Bond Rout Spreads to Highest-Rated Debt: Mexico Credit
Bloomberg Sep 28, 2011
News
Pemex Takes Top Issuer Spot After Revival of Shelved Sale: Mexico Credit
Bloomberg Sep 28, 2011
RESEARCH AND STRATEGY FIXTURES
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