In May, the second month of confinement, industrial production stood at 71.79 points, the lowest level since November 1996, with seasonally adjusted figures. In its monthly variation, it presented a decrease of 1.85%, slowing down the sharp drop observed in April of 25.51 percent. At an annual rate,
In the week that ends, the peso closed with a depreciation of 0.40% or 9 cents, trading at 22.48 pesos per dollar, being the fifth most depreciated currency in the wide basket of major crosses, after the Indian rupee that lost 0.74%, the Israeli shekel with 0.67%, the
Exports boost Japan as the most diversified economy in the world, according to a report by the World Trade Organization (WTO). Japan, with its high level of development, its high income, its market orientation and its population of 126.2 million inhabitants (as of March 1, 2019) remains the
The Congress of the Union approved legislative modifications to reduce 38% the TIGIE (Tariff of the Law of the General Taxes of Import and Export), to 7,792 tariff lines. The Ministry of Economy published on July 1, 2020 the so-called “New LIGIE” (Law of General Import and Export
The peso closed the session with an appreciation of 0.24% or 5.4 cents, trading around 22.61 pesos per dollar, gaining ground next to the South African rand which appreciated 0.52% and stood at 16.85 rands per dollar, in a movement contrary to what was observed for most currencies
The Ministry of Economy published an agreement on uniform regulations on Thursday to clarify provisions of rules of origin and other matters of the Treaty between Mexico, the United States and Canada (T-MEC) related to textiles, clothing, customs and trade facilitation. The T-MEC entered into force on July