Tag

Economy

Economic Expectations in Puerto Vallarta for this Last Week of Easter Holiday are High

The Easter holiday period is a highly anticipated time for businesses in the tourism industry, with expectations for high economic activity during this time. This...
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Mexico’s Airport Business Thrives as Traffic Surges on Nearshoring Trend

Puerto Vallarta (PVDN) - Mexico's airport operating business is experiencing a surge in traffic, thanks to multinational companies relocating their operations closer to home and...
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Mexican Airline Industry Celebrates as Air Cabotage No Longer Included in Proposed Law Reform

Puerto Vallarta (PVDN) - Mexican President Andrés Manuel López Obrador has announced that the proposal to reform the Civil Aviation Law will no longer include...
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IMF Slightly Adjusts Mexico’s GDP Growth Expectations for 2023

Puerto Vallarta (PVDN) - The International Monetary Fund (IMF) has slightly adjusted its growth forecast for Mexico's GDP in 2023 to 1.8 percent, up from...
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Vendors at Cuale River Handicraft Market in Puerto Vallarta showing strong sales during Holy Week

Puerto Vallarta (PVDN) - According to reports from vendors at the Cuale River Handicraft Market in Puerto Vallarta, sales have been good during this holiday...
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Puerto Vallarta airport is recording record numbers of up to 252 daily flights

Puerto Vallarta (PVDN) - The Puerto Vallarta International Airport registers up to 252 daily flights of which 60 percent are of foreign origin. The above...
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Inflation in Mexico hits 17-month low

Puerto Vallarta (PVDN) - Inflation in Mexico slowed for the second consecutive month and in March stood at 6.85 percent annually, its lowest level in...
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Nearshoring and Manufacturing Investment to Drive Mexico’s Economic Growth in 2023

Puerto Vallarta (PVDN) - According to Mexico's government's latest budget forecasts, the country's economy is expected to grow up to 3.0% in both 2023 and...
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Mexico’s tourism outlook for 2023 maintains concern for slowdown in US economy and violence at home

Puerto Vallarta (PVDN) - The wave of travelers to Mexico continues to grow. The renewed enthusiasm of international tourists to visit the country's destinations benefits...
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Bank of Mexico expected to raise key rate by 25 basis points on Thursday

According to a Reuters poll on Monday, all 20 analysts surveyed expect the Bank of Mexico, known as Banxico, to hike its benchmark interest rate...
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Mexico is among the top 10 lithium-rich countries, the test is keeping corruption and cartels out of the business

Lithium, a mineral of great importance for the clean energy industry, has become the subject of debate after the decree of February 18 that made...
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What is considered lower, middle, and upper class in Mexico?

Puerto Vallarta (PVDN) - The issue of what social class one belongs to in Mexico is often a matter of debate among those who discuss...
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