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Mexico Remittances July 2021

Mexico: Growth in remittances is strong in July

Remittances tallied USD 4.5 billion in July, representing a 28.6% year-on-year rise. This follows June’s 26.0% year-on-year expansion. On a cumulative basis up to July, remittances tallied USD 46.0 billion, above the USD 45.0 billion registered in June. July’s 12-month moving average represented a 19.4% rise from a year earlier (June: +17.5% year-on-year).

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