Sales of cars and other light vehicles in Mexico grew at an interannual rate of 139% in April 2021, to 83,611 units, Inegi reported this Friday. According to preliminary figures, Mexico’s GDP decreased 8.2% in real terms during 2020, reflecting the negative economic effects of the Covid-19 pandemic
Mexico exported copper minerals to China worth 2,734 million dollars in 2020, a growth of 32.2% year-on-year. Globally, according to the Australian government, copper consumption is expected to continue to recover in 2021, driven by improved economic growth and the essential role of copper in electrification. To China,
The peso starts the session with an appreciation of 0.90% or 18.1 cents, with the exchange rate trading close to 19.94 pesos per dollar, touching a minimum of 19.8932 and a maximum of 20.1287 pesos. The main factors that favor the appreciation of the peso are the following:
G500 presented the ninth notice of incorporation of new partners to the Federal Economic Competition Commission (Cofece) of Mexico. At the beginning, on March 9, 2017, the Plenary of the Cofece decided to subject the concentration notified by G500 for the integration of a consortium for the purchase
The Federal Electricity Commission (CFE) invested 1,261.6 million dollars in infrastructure projects in 2020. Under the National Development Plan, the mexican government intends to provide resources to the CFE to modernize its infrastructure and alleviate certain tax burdens. In 2020, the company recorded revenues of 502,859 million pesos
The transport of oil tankers in the world fell 8.5% year-on-year in 2020, to 3,109 million tons. This volume includes crude oil, oils and chemicals. Above all, the drop in the transport of oil tankers was due to the blockade restriction applied in several major economies to contain