Mexico: Remittances rise at a rapid pace in June
Remittances reached USD 4.4 billion in June, representing a 25.5% year-on-year increase. This follows May’s 31.0% year-on-year rise. On a 12-month rolling basis in June, remittances totaled USD 44.9 billion, above the USD 44.0 billion recorded in May. June’s 12-month rolling total represented a 17.4% rise from a year earlier (May: +16.0% year-on-year).