According to the Quarterly Indicator of State Economic Activity (Itaee), Yucatán showed good progress in its development of commercial activities during the…
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Tag:
Economy
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Mexico’s economy posted the first quarterly contraction since 2021, shrinking much more than expected on weaker domestic demand and uncertainty over tariffs…
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President Claudia Sheinbaum called for cool heads to prevail after Donald Trump’s vow to impose hefty tariffs sent the country’s currency tumbling…
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BusinessBusiness-newHeadlinesMeridaNewsPeninsulaPoliticsYucatan
Yucatán economy in uncertainty: this is how the Trump government would affect local companies
The inauguration of Donald Trump as president of the United States generated uncertainty in Yucatán, especially after the immediate signing of executive…
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BusinessBusiness-newHeadlinesInternationalNationalNews
Mexico’s Banxico could weigh rate cut of 25 or 50 bps in February
Mexico’s central bank board could discuss a rate cut of either 25 or 50 basis points in its next decision in February,…
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BusinessBusiness-newHeadlinesNationalNews
As inflation slows, Mexico cut interest rates for a fourth straight
Mexico cut interest rates for a fourth straight meeting Thursday as inflation is slowing back to target and the economy is losing…
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BusinessBusiness-newHeadlinesNationalNews
Banxico continues cutting its benchmark interest rate to bring inflation down
The Bank of Mexico will likely be able to continue cutting its benchmark interest rate due to the progress made on bringing…
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After the rating agency Moody’s changed the outlook for Mexico’s rating from “stable” to “negative” and ratified the note at “Baa2”, President…
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BusinessBusiness-newHeadlinesMerida
Moody’s changes Mexico’s outlook from stable to negative as a consequence of the judicial reform
Moody’s changes Mexico’s outlook from stable to negative; judicial reform puts fiscal soundness at risk, says the rating agency. Moody’s changed the…
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BusinessBusiness-newHeadlinesNationalNews
Poll says Mexico’s inflation was slightly eased in the first half of August
Mexico’s year-on-year inflation likely eased in the first half of August, a Reuters poll showed on Monday, bolstering the case for the…