The Organization for Economic Cooperation and Development (OECD) projected that Mexico‘s GDP will expand 5% in 2021. In the first half of the year, it is estimated that the growth was mainly due to exports. In the second half of 2021 and in 2022, with a greater participation
The peso starts the session with few changes compared to Friday’s close, showing an appreciation of 0.04% and trading between a minimum of 19.9131 and a maximum of 19.9569 pesos per dollar. In the foreign exchange market, the dollar weighted index shows a decline of 0.05%, while most
Avocado exports from Mexico registered a growth of 26.2% year-on-year in January-April 2021, to 565,400 tons. Regarding their value, these avocado exports totaled 1,247 million dollars, an annual increase of 10.2%. At the international level, avocado sales have increased both due to consumer tastes and its nutritional properties,
Global industrial production posted an increase of 0.3% month-on-month, reported the Netherlands Bureau for Economic Policy Analysis (CPB). Overall, the Covid-19 pandemic kept a firm grip on the global economy in the first quarter of 2021. At the beginning of the year, in January, the planet’s industrial production
China leads the world in exports of mandarins, apples and garlic, according to the company Sino Agro Food. Agriculture is a vital industry in China, employing more than 300 million farmers. Currently, China ranks first in world agricultural production, producing mainly rice, wheat, potatoes, tomatoes, sorghum, peanuts, tea,
The peso closed the week with an appreciation of 0.20% or 4 cents, trading around 19.91 pesos per dollar, with the exchange rate touching a minimum of 19.8987 and a maximum of 20.0769 pesos per dollar. From a technical point of view, the exchange rate remained within the