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Monday, July 15, 2019
06:08 PM
Mexico Central Time
MARKETS AND DATA: US Dollar: $12.65 Euro: $16.78 Gold: US$1,327 Silver: US$20.39 Mex Crude: US$102.50 Cetes 28: 3.85%

posted 2009-05-29
Positive May for financial data.
The peso recovered 5% to the U.S. Dollar. The Mexican Crude Oil gained 22% scoring above the US$60 barrier. The Mexican Stock Exchange experienced an 11% rise. The gold and silver increased 6% and 19%.

posted 2009-05-18
Mexican GDP to fall 5% in 2009
The head of the Mexican Central Bank modified the estimation of the GDP fall in 2009. The new figure has been established between -4.3% to -5.3%. This means that the influenza alarm will impact in a negative 0.5% the original estimations. He also highlighted the urgency of a tax reform to strengthen the government revenue, and the reduction on the dependency of the oil income.

posted 2009-05-07
Inflation rate tendency is around 6%
The inflation rate for April was 0.35%. This figure keeps the tendency of an annual inflation rate of 6%. The prices increase was focus on tomatoes, avocados, tortillas, beers, eggs and telephone line rates.


2009 GDP Forecasts

June 04, 2009. 15:05

In the first quarter of 2009, the Mexican GDP reported a negative rate of 8.22%. According to the Mexican officials, the second quarter of this year is expected to show a similar tendency, but with a V turn in the second semester of the year. The graph shows the evolution or change on the estimations made.

DoingBusinessInMexico Staff
Published: June 04, 2009. 15:05 | Last updated: June 04, 2009. 15:05
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