Private consumption in Mexico has grown at a moderate pace, driven by the recovery in the consumption of services, according to Inegi and the Bank of Mexico (Banxico). At the end of 2022, Mexico’s GDP continued to advance, albeit with a deceleration from the performance observed in the
The International Monetary Fund (IMF) in its latest April 2023 release estimated growth for the US economy in 2023 of 1.6% y/y, an improvement of 0.2 percentage points from its projection last January. One factor in this advance is due to the resilience of domestic demand. For 2024,
In Mexico, import, circulation or transit regulations may be imposed when they are temporarily required to correct imbalances in the balance of payments, in accordance with international treaties or agreements to which Mexico is a party. These regulations are intended to regulate the entry of used products, waste
Mexican imports of capital goods grew 7.06% quarterly in March, accumulating 11 consecutive quarters of growth at a quarterly rate, referred Banco Base. Although there is a significant lag in gross fixed investment of 7.06% with respect to its historical maximum, the lag in imported machinery and equipment
Grupo Bimbo, the largest bread producer in the world, highlighted six of its main competitive advantages with which it faces its competitors. The company believes that the following «key capabilities» provide it with the competitive advantages, skills or strengths in which it excels and differentiates itself from its
Mexican automotive exports grew 17.5% in the first quarter of 2023 compared to the same period of 2022, Inegi reported. Thus, these foreign sales amounted to 43,153.8 million dollars. At the same time, Mexico‘s non-automotive manufacturing exports were 81,548.7 million dollars, an increase of 4.3%, year over year.