Banana exports from Mexico totaled 141.1 million dollars in the first half of 2020, a year-on-year increase of 1%, according to data from the Ministry of Agriculture. Bananas are grown in all tropical regions and are of fundamental importance to the economies of many developing countries. In terms
The peso closed the session with little change compared to Wednesday’s close, showing a moderate depreciation of 0.09% or 1.9 cents, trading at 22.39 pesos per dollar. During the session, most financial markets globally showed mixed performance. The dollar weighted index closed with little change, showing a 0.05
Ford and Lincoln registered the biggest drops in sales of light vehicles in Mexico during July, according to data from Inegi. Only Ford sold 2,425 units in the Mexican market that month, a decrease of 51.1% year-on-year. For his part, Lincoln reported a 55.2% annual drop in July,
Nissan and VW raised their light vehicle production in Mexico at double-digit rates in July, Inegi reported. Both occupy the second and third position, respectively, among the companies that build the most cars in the country, surpassed by General Motors, which had year-on-year growth at a single digit
The peso begins the session with a depreciation of 0.50% or 11.1 cents, trading around 22.48 pesos per dollar, in a rebound effect from the appreciation of 1.31% in the session on Wednesday. The weighted index of the dollar shows a moderate appreciation of 0.05%, therefore, the depreciation
Light vehicle exports totaled 256,098 units in Mexico during July, an interannual decrease of 5.5%, the Inegi reported. Overall, the Covid-19 pandemic and government actions and measures to prevent its spread continue to impact the operations and businesses of the auto industry, albeit with a trend toward recovery.