The IMEF Manufacturing Indicator decreased 2.8 points in August to 45.0 units, remaining in a contraction zone for 16 consecutive months. In general, the IMEF Indicator ranges from 0 to 100 points and the level of 50 points represents the threshold between an expansion (greater than 50) and
The demand for passengers in global air transport (measured in revenue passenger-kilometers or RPK) registered a fall of 79.8% year-on-year in July, reported the International Air Transport Association (IATA). This was somewhat better than the 86.6% year-on-year drop recorded in June, driven mainly by domestic markets, especially Russia
The National Fund for the Promotion of Tourism (Fonatur) deferred the issuance of the decision of the public tender for the highway project of Section 5 Cancun-Tulum of the Mayan Train «in order to deepen the analysis of the economic proposal presented.» «Fonatur is committed to the legality
The peso begins September with an appreciation of 0.62% or 13.58 cents, trading around 21.75 pesos per dollar, touching a minimum of 21.7363 pesos, given an increase in risk appetite in global financial markets after the indicator was published in China Caixin Manufacturing PMI for August, which stood
The Mining Chamber of Mexico (Camimex) questioned the disappearance of the Undersecretariat of Mining. The Ministry of Economy announced on the eve of the cancellation of the Undersecretariat of Mining as of this September 1, 2020 within the framework of the austerity measures carried out by the federal
The peso closed August with an appreciation of 1.73% or 38.5 cents, trading around 21.89 pesos per dollar, touching a minimum of 21.7408 and a maximum of 22.9097 pesos. The foregoing was the result of a general weakening of the US dollar, whose weighted index registered a decline