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Economy

Mexican central bank seen pushing up key rate to record level

MEXICO CITY, Aug 4 (Reuters) - Mexico's central bank is expected to hike the benchmark interest rate to a new historic level of 8.5% next...
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‘Made in Mexico’ branding is coming back to promote buying national products

The "Made in Mexico" brand will be relaunched, as part of the industrial policy designed by the Ministry of Economy (SE) and the private sector,...
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Mexico will have “zero growth in 2023″: Bank of America

Mexico will have "zero growth in 2023," as Bank of America Securities predicted, drastically lowering its growth estimate for the country over the next year...
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There will no longer be new cars priced lower than 200,000 pesos in Mexico

Buying a new car is the goal of millions of Mexicans. However, the outlook is not encouraging and it will be more and more expensive...
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Amazon prepares for the great recession and cuts 100,000 jobs

Since Amazon was founded in 1994, it has not stopped growing. And that growth has translated into jobs. So much so that it is currently...
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Know your consumer rights in Mexico: Can a business charge you more for paying with a credit card?

If you use your cards to purchase goods and services, it is important to know your consumer rights in Mexico, since many businesses charge a...
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Businessman Fernando Pineda Trillo found after two days of being reported as missing

Fernando Pineda Trillo, a restaurant entrepreneur who was reported missing on May 21 in Puerto Vallarta, Jalisco, has already been located, as reported by the...
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Business man Fernando Pineda Trillo missing in Puerto Vallarta

Businessman Fernando Pineda Trillo, who has been generating jobs in Puerto Vallarta as a restaurateur for more than 30 years, disappeared on Friday, May 20,...
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Robust Mexican consumer emerges as a bright spot in weak economy

Not all is rosy for Mexico's economy as it deals with a two-decade annual inflation high and sluggish economic growth, but consumption levels have now...
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Sales improve at Cuale River market after reopening of bridge in Puerto Vallarta

After the vehicular passage over the Cuale River bridge was reopened, sales at the Cuale market report a considerable increase. “Thank God they have improved....
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Mexico’s factories contract for 26th straight month, inflation near four-year high

Mexico's manufacturing sector contracted for the 26th month in a row in April, as factories responded to shrinking demand with a further downward adjustment to...
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Mexico’s economy enters technical recession

Mexico's economy contracted for a second straight quarter in the last three-month period of 2021, according to official data published on Monday, putting it in...
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