Services

NEWS FLASH

UPCOMING WEBINAR - PANAMA AND DOMINICAN REPUBLIC ELECTIONS OUTLOOK...

Learn More

COUNTRY INSIGHTS

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...

Economics: Tourism approached pre-Covid levels by the second quarter, but based on some indicators has since stalled and turned negative
MEXICO · Report · 20 Nov 2023

Tourism data this year shows that many areas of activity have largely rebounded to pre-pandemic levels. However, the latest figures suggest that a stagnation trend may have begun to emerge in recent months. Among tourism GDP indicators, it is worth noting that the consumption of tourism-related g...

Politics: The opposition coalition unveils a draft of its 2024 platform, detailing how it would govern
MEXICO · Report · 13 Nov 2023

So far, coverage of the 2024 presidential contest has been focused on the activities and polling numbers of the two leading candidates, Claudia Sheinbaum and Xóchitl Gálvez. The latter candidate has been left struggling to mount her own team and is campaigning as best she can on the basis of her ...

Economics: Revenue shortfalls and accelerating spending likely to further squeeze public finances as Hurricane Otis adds to the budget debate
MEXICO · Report · 13 Nov 2023

Public finance statistics as of September 2023 reflect an increase in spending concentrated in social programs and a stagnation of total revenues because of the contraction of oil revenues. These have jointly led to an expansion of the public deficit of close to 20% in September alone and a cumul...

Economics: GDP outperforms in 3Q even as evidence grows of slowing ahead that could be aggravated by the toll Hurricane Otis is taking
MEXICO · Report · 07 Nov 2023

Mexico’s economy expanded in the third quarter an annual 3.3% according to Inegi’s preliminary calculations. That headline result was better than expected but marked a slowing compared to the 3.7% recorded through the first half of the year and pointed toward the likelihood of further slowing in ...

Politics: Hurricane Otis’s devastation has only just begun as AMLO’s typical unipersonal response stymies reconstruction efforts
MEXICO · Report · 06 Nov 2023

When Hurricane Otis delivered a devastating blow to the state of Guerrero, the second poorest in the country, no one from any level of government or emergency services was anywhere to be found even as civil society sought to fill the void, backed by the solidarity of philanthropic foundations and...

Economics: October indicators show internal demand components remain strong, while non petroleum exports decelerate
MEXICO · Report · 31 Oct 2023

As we await this week’s preliminary report on third quarter GDP, economic news from the past month has painted a picture of an economy that continues to expand largely thanks to growth in fixed asset investments and private consumption. But continuing strength in industrial output has become incr...

Copyright 2024 GlobalSource Partners. All rights reserved.