Population in Mexico
Mexico - PopulationPreliminary figures revealed that GDP declined yet again on annual basis in the final quarter of 2019—leading to the first full-year economic slump since the 2009 crisis. Industrial-sector output contracted for the fifth quarter running, primarily due to the hammered construction and mining sectors, dragging down overall activity. Moreover, agricultural production cooled in the quarter and although activity in the services sector quickened, the increase was underwhelming, which alludes to softer-than-expected growth in household spending. Turning to 2020, available data suggests a gradually improving scenario. The manufacturing PMI rose in January, albeit remained in contractionary territory. Meanwhile, the services PMI returned to growth for the first time in nine months, which, coupled with strengthening consumer confidence, bodes well for consumption gaining traction.
Mexico - Population Data
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||6.87||-0.24 %||Dec 31|
|Exchange Rate||18.93||-0.29 %||Jan 01|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
February 13, 2020
At its first meeting of the year on 13 February, the Governing Board of the Bank of Mexico (Banxico) unanimously decided to slash the target for the overnight interbank interest rate by 25 basis points to 7.00%, marking the fifth consecutive cut and coming in line with market expectations.
February 7, 2020
Consumer confidence improved slightly at the outturn of 2020, with the seasonally-adjusted consumer confidence indicator published by the Statistical Institute (INEGI) coming in at 44.2 points in January, up from December’s 43.5 reading.
February 7, 2020
Consumer prices rose 0.48% from the previous month in January, following the 0.56% month-on-month increase logged in December.
February 5, 2020
The seasonally-adjusted manufacturing Purchasing Managers’ Index (PMI) produced by the Mexican Institute of Financial Executives (IMEF) climbed from 47.0 in December to 48.2 at the start of 2020, signaling a softer contraction in the manufacturing sector.
February 4, 2020
Remittances totaled USD 3.1 billion in the final month of 2019 (November: USD 2.9 billion), a 3.1% increase from the same month in 2018 and contrasting the 2.3% decline logged in November, which was the first in over three years.