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	<title>INFLATION archivos - T21</title>
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	<title>INFLATION archivos - T21</title>
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		<title>This is how inflation in Mexico stood during the first half of June</title>
		<link>https://t21.us/this-is-how-inflation-in-mexico-stood-during-the-first-half-of-june/</link>
		
		<dc:creator><![CDATA[T21 Media]]></dc:creator>
		<pubDate>Wed, 24 Jun 2026 18:32:41 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[CPI]]></category>
		<category><![CDATA[INEGI]]></category>
		<category><![CDATA[INFLATION]]></category>
		<category><![CDATA[MEXICAN ECONOMY]]></category>
		<category><![CDATA[NATIONAL CONSUMER PRICE INDEX]]></category>
		<guid isPermaLink="false">https://t21.us/?p=636681</guid>

					<description><![CDATA[<p>The drop in the price of some agricultural products, such as tomatoes, influenced the slowdown in inflation in the first half of June, which stood at 3.55% at an annual rate , which implied a decrease of 0.11% compared to the previous two weeks, according to the National Consumer Price Index (INPC). This decline represented the [&#8230;]</p>
<p>El cargo <a href="https://t21.us/this-is-how-inflation-in-mexico-stood-during-the-first-half-of-june/">This is how inflation in Mexico stood during the first half of June</a> apareció primero en <a href="https://t21.us">T21</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" src="https://t21.com.mx/wp-content/uploads/2026/06/INPC1QJUN262.jpg" /></p>
<p><strong><span dir="auto">The drop in the price of some agricultural products, such as tomatoes, influenced the slowdown in inflation in the first half of June, which stood at 3.55% at an annual rate</span></strong><span dir="auto"> , which implied a decrease of 0.11% compared to the previous two weeks, according to the National Consumer Price Index (INPC).</span></p>
<p><span dir="auto">This decline represented the lowest level of the CPI since the second half of October 2025, according to data released this Wednesday by the  </span><a href="https://www.inegi.org.mx/"><span dir="auto">National Institute of Statistics and Geography (Inegi)</span></a><span dir="auto"> .</span></p>
<blockquote><p><span dir="auto">“The year-on-year headline inflation moderated for the fifth consecutive fortnight, largely reflecting the reversal shown by the non-core index between March and April,” detailed Grupo </span><a href="https://www.vepormas.com/fwpf/portal/"><span dir="auto">Financiero Ve por Más (BX+)</span></a><span dir="auto">  in an analysis.</span></p></blockquote>
<p><span dir="auto">According to INEGI, the  </span><strong><span dir="auto">core inflation index</span></strong><span dir="auto">  —which excludes goods and services with the most volatile prices— </span><strong><span dir="auto">rose 0.19% on a biweekly basis</span></strong><span dir="auto"> . Within this index, goods prices increased 0.11% and services prices 0.27%.</span></p>
<blockquote><p><span dir="auto">“The core inflation rate moderated slightly, but remains at high levels, with 26 observations above 4 percent. The goods sector continues to decelerate, reaching its lowest point since May of last year. Conversely, inflation in services maintains higher growth rates compared to the end of last year and its historical average, despite a context of weak economic activity,” explained BX+.</span></p></blockquote>
<p><span dir="auto">Meanwhile, on a bi-weekly basis, the </span><strong><span dir="auto">non-core price index</span></strong><span dir="auto"> —which includes goods and services whose prices are subject to fluctuations—  </span><strong><span dir="auto">fell 1.14 percent</span></strong><span dir="auto"> . Within this index, fruit and vegetable prices dropped 5.24 percent, while energy and regulated tariff prices rose 0.10 percent.</span></p>
<figure id="attachment_677502" class="wp-caption aligncenter" aria-describedby="caption-attachment-677502"><img fetchpriority="high" decoding="async" class="wp-image-677502 size-full" src="https://t21.com.mx/wp-content/uploads/2026/06/INPC1QJUN26.jpg" sizes="(max-width: 1015px) 100vw, 1015px" srcset="https://t21.com.mx/wp-content/uploads/2026/06/INPC1QJUN26.jpg 1015w, https://t21.com.mx/wp-content/uploads/2026/06/INPC1QJUN26-300x63.jpg 300w, https://t21.com.mx/wp-content/uploads/2026/06/INPC1QJUN26-768x162.jpg 768w, https://t21.com.mx/wp-content/uploads/2026/06/INPC1QJUN26-600x127.jpg 600w, https://t21.com.mx/wp-content/uploads/2026/06/INPC1QJUN26-150x32.jpg 150w, https://t21.com.mx/wp-content/uploads/2026/06/INPC1QJUN26-750x158.jpg 750w" alt="" width="1015" height="214" data-pin-no-hover="true" /><figcaption id="caption-attachment-677502" class="wp-caption-text"><span dir="auto">Source: Inegi.</span></figcaption></figure>
<p><span dir="auto">In the first half of June, the products with the largest increases in their cost were </span><strong><span dir="auto">avocados</span></strong><span dir="auto"> with 18.51%, </span><strong><span dir="auto">air transport</span></strong><span dir="auto"> with 13.75%, </span><strong><span dir="auto">potatoes and other tubers</span></strong><span dir="auto"> with 5.76%, </span><strong><span dir="auto">package tourist services</span></strong><span dir="auto"> with an increase of 4.07% and </span><strong><span dir="auto">other vegetables and legumes</span></strong><span dir="auto"> with 2.86% at a bi-weekly rate.</span></p>
<p><span dir="auto">Meanwhile, the products with the greatest price decrease during the cycle were </span><strong><span dir="auto">poblano peppers</span></strong><span dir="auto"> with 28.33%, </span><strong><span dir="auto">tomatoes</span></strong><span dir="auto"> with 23.98%, </span><strong><span dir="auto">serrano peppers</span></strong><span dir="auto"> with a decrease of 15.21%, </span><strong><span dir="auto">grapes</span></strong><span dir="auto"> with 14.59%, </span><strong><span dir="auto">eggs</span></strong><span dir="auto"> with 4.51%, and </span><strong><span dir="auto">other fruits</span></strong><span dir="auto"> with a decrease in their cost of 1.80% every two weeks.</span></p>
<blockquote><p><span dir="auto">According to Ve por Más&#8217;s analysis, the bi-weekly variation in the National Consumer Price Index (INPC) &#8220;was the lowest for the first half of June in 21 years. This was due to a sharp drop—even greater than expected—in agricultural products, mainly fruits and vegetables. On the other hand, the report highlighted the increase in prices for air travel, hotels, and tour packages. This latter increase tends to be observed at the beginning of summer; however, this time it was more pronounced than usual, perhaps reflecting the effects of the World Cup.&#8221;</span></p></blockquote>
<p><span dir="auto">The financial institution believes that after moderating in May and June, “ </span><strong><span dir="auto">we expect inflation to rebound in July</span></strong><span dir="auto"> . Furthermore, we still believe that upside risks predominate, although a final resolution of the conflict in the Middle East would marginally help to balance things out.”</span></p>
<p><span dir="auto">Comment and follow us on LinkedIn:  </span><a href="https://www.linkedin.com/company/t21-grupo-comunicai-n-y-medios/"><span dir="auto">@GrupoT21</span></a></p>
<p>El cargo <a href="https://t21.us/this-is-how-inflation-in-mexico-stood-during-the-first-half-of-june/">This is how inflation in Mexico stood during the first half of June</a> apareció primero en <a href="https://t21.us">T21</a>.</p>
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		<title>Inflation gives Mexicans a break in April; breaks three-month streak of increases</title>
		<link>https://t21.us/inflation-gives-mexicans-a-break-in-april-breaks-three-month-streak-of-increases/</link>
		
		<dc:creator><![CDATA[T21 Media]]></dc:creator>
		<pubDate>Thu, 07 May 2026 22:47:49 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[BASIC FOOD BASKET]]></category>
		<category><![CDATA[CPI]]></category>
		<category><![CDATA[INEGI]]></category>
		<category><![CDATA[INFLATION]]></category>
		<category><![CDATA[INFLATION INDEX]]></category>
		<category><![CDATA[MEXICAN ECONOMY]]></category>
		<guid isPermaLink="false">https://t21.us/?p=635717</guid>

					<description><![CDATA[<p>In April 2026, Mexico&#8217;s annual general inflation rate stood at 4.45% , breaking a streak of three consecutive months of increases, the National Institute of Statistics and Geography (Inegi) reported on Thursday . This result stemmed from a decrease in the non-core price index (goods and services whose prices are subject to fluctuations) which fell 0.18% on a monthly basis. [&#8230;]</p>
<p>El cargo <a href="https://t21.us/inflation-gives-mexicans-a-break-in-april-breaks-three-month-streak-of-increases/">Inflation gives Mexicans a break in April; breaks three-month streak of increases</a> apareció primero en <a href="https://t21.us">T21</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" src="https://t21.com.mx/wp-content/uploads/2026/05/WhatsApp-Image-2026-05-07-at-11.00.19.jpeg" /></p>
<p><strong><span dir="auto">In April 2026, Mexico&#8217;s annual general inflation rate stood at 4.45%</span></strong><span dir="auto"> , breaking a streak of three consecutive months of increases, the </span><a href="https://www.inegi.org.mx/"><span dir="auto">National Institute of Statistics and Geography (Inegi)</span></a><span dir="auto"> reported on Thursday .</span></p>
<p><span dir="auto">This result stemmed from a decrease in the </span><strong><span dir="auto">non-core price index</span></strong><span dir="auto"> (goods and services whose prices are subject to fluctuations) which fell 0.18% on a monthly basis.</span></p>
<p><span dir="auto">Domestically, energy prices and government-regulated tariffs fell 1.03%, primarily due to adjustments in electricity rates in 18 cities across the country, as part of the summer season pricing scheme. Meanwhile, fruit and vegetable prices rose 3.47% month-on-month.</span></p>
<p><span dir="auto">Meanwhile, the  </span><strong><span dir="auto">core price index</span></strong><span dir="auto"> —which does not take into account the most volatile goods and services— increased 0.31% month-on-month, with the cost of goods and services rising 0.31 percent.</span></p>
<figure id="attachment_674401" class="wp-caption aligncenter" aria-describedby="caption-attachment-674401"><img decoding="async" class="wp-image-674401 size-full" src="https://t21.com.mx/wp-content/uploads/2026/05/INPCABR26.jpg" sizes="(max-width: 1222px) 100vw, 1222px" srcset="https://t21.com.mx/wp-content/uploads/2026/05/INPCABR26.jpg 1222w, https://t21.com.mx/wp-content/uploads/2026/05/INPCABR26-300x67.jpg 300w, https://t21.com.mx/wp-content/uploads/2026/05/INPCABR26-1024x230.jpg 1024w, https://t21.com.mx/wp-content/uploads/2026/05/INPCABR26-768x172.jpg 768w, https://t21.com.mx/wp-content/uploads/2026/05/INPCABR26-600x135.jpg 600w, https://t21.com.mx/wp-content/uploads/2026/05/INPCABR26-150x34.jpg 150w, https://t21.com.mx/wp-content/uploads/2026/05/INPCABR26-750x168.jpg 750w, https://t21.com.mx/wp-content/uploads/2026/05/INPCABR26-1140x256.jpg 1140w" alt="" width="1222" height="274" data-pin-no-hover="true" /><figcaption id="caption-attachment-674401" class="wp-caption-text"><span dir="auto">Source: Inegi.</span></figcaption></figure>
<p><span dir="auto">Although inflation slowed down last April compared to the 4.59% annual rate of March 2026, the price of some basic goods registered increases.</span></p>
<p><span dir="auto">During the period, the </span><strong><span dir="auto">poblano pepper</span></strong><span dir="auto"> increased its cost by 41.42% monthly, </span><strong><span dir="auto">the serrano pepper</span></strong><span dir="auto"> showed an increase of 36.27%, </span><strong><span dir="auto">the tomato</span></strong><span dir="auto"> by 19.25%, </span><strong><span dir="auto">potatoes and other tubers</span></strong><span dir="auto"> by 12.23%, </span><strong><span dir="auto">high octane gasoline</span></strong><span dir="auto"> by 6.16% and </span><strong><span dir="auto">urban bus</span></strong><span dir="auto"> fares by 3.44% on a monthly basis.</span></p>
<p><span dir="auto">Conversely, the products with the greatest price decrease during the cycle were  </span><strong><span dir="auto">green tomato</span></strong><span dir="auto"> with 34.80%, </span><strong><span dir="auto">zucchini</span></strong><span dir="auto"> with 18.57%, </span><strong><span dir="auto">lemon</span></strong><span dir="auto"> with 14.58%, </span><strong><span dir="auto">electricity</span></strong><span dir="auto"> with 14%, </span><strong><span dir="auto">air transport</span></strong><span dir="auto"> with 7.52% and </span><strong><span dir="auto">egg</span></strong><span dir="auto"> with 3.48% monthly.</span></p>
<blockquote><p><span dir="auto">Among the states with the largest monthly increases in the National Consumer Price Index (INPC) were Durango, Jalisco, and Zacatecas. Meanwhile, Tabasco, Yucatán, and Campeche were among the states with variations below the national average.</span></p></blockquote>
<p><span dir="auto">The result for April 2026 represents the first month, so far this year, that inflation shows a drop, since last January it stood at 3.79%, in February it stood at 4.02% and in March at 4.59% at an annual rate.</span></p>
<p><span dir="auto">Industry analysts, such as </span><a href="https://www.bancobase.com/"><span dir="auto">Grupo Financiero BASE</span></a><span dir="auto"> , have estimated that inflation will close 2026 at 4.2%, which would mean an increase in the costs of various products.</span></p>
<blockquote><p><span dir="auto">According to Inegi, the INPC is a measure of the average change in the prices of the products that make up a basket of goods and services representative of the consumption of households in the country over time.</span></p></blockquote>
<p><span dir="auto">Comment and follow us on LinkedIn:  </span><a href="https://www.linkedin.com/company/t21-grupo-comunicai-n-y-medios/"><span dir="auto">@GrupoT21</span></a></p>
<p>El cargo <a href="https://t21.us/inflation-gives-mexicans-a-break-in-april-breaks-three-month-streak-of-increases/">Inflation gives Mexicans a break in April; breaks three-month streak of increases</a> apareció primero en <a href="https://t21.us">T21</a>.</p>
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		<title>Banco BASE remains cautious regarding Mexico&#8217;s GDP growth outlook</title>
		<link>https://t21.us/banco-base-remains-cautious-regarding-mexicos-gdp-growth-outlook/</link>
		
		<dc:creator><![CDATA[T21 Media]]></dc:creator>
		<pubDate>Thu, 30 Apr 2026 22:25:06 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[BASE BANK]]></category>
		<category><![CDATA[Economic Growth]]></category>
		<category><![CDATA[FOREIGN DIRECT INVESTMENT]]></category>
		<category><![CDATA[INEGI]]></category>
		<category><![CDATA[INFLATION]]></category>
		<category><![CDATA[MEXICO ECONOMY]]></category>
		<category><![CDATA[NATIONAL GDP]]></category>
		<guid isPermaLink="false">https://t21.us/?p=635578</guid>

					<description><![CDATA[<p>Mexico could have an economic growth of 1% in 2026 , which would mean a decrease from the 1.2% proposed by Grupo Financiero BASE in a previous review, as explained by Gabriela Siller, director of Economic Analysis of this institution. In the webinar “Economic Outlook, GDP Estimate for the First Quarter of 2026” , the specialist considered that, in a pessimistic [&#8230;]</p>
<p>El cargo <a href="https://t21.us/banco-base-remains-cautious-regarding-mexicos-gdp-growth-outlook/">Banco BASE remains cautious regarding Mexico&#8217;s GDP growth outlook</a> apareció primero en <a href="https://t21.us">T21</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" src="https://t21.com.mx/wp-content/uploads/2026/04/BASE.jpg" /></p>
<p><strong><span dir="auto">Mexico could have an economic growth of 1% in 2026</span></strong><span dir="auto"> , which would mean a decrease from the 1.2% proposed by </span><a href="https://www.bancobase.com/"><span dir="auto">Grupo Financiero BASE</span></a><span dir="auto"> in a previous review, as explained by Gabriela Siller, director of Economic Analysis of this institution.</span></p>
<p><span dir="auto">In the </span><em><span dir="auto">webinar </span></em><strong><span dir="auto">“Economic Outlook, GDP Estimate for the First Quarter of 2026”</span></strong><span dir="auto"> , the specialist considered that, in a pessimistic scenario, the country&#8217;s economic growth would be 0.60%, and in an optimistic environment it would advance 1.45%, derived from various factors, including the economic spillover from the World Cup.</span></p>
<p><span dir="auto">The decline in the three groups of economic activities &#8211; primary, secondary and tertiary &#8211; which contributed to the 0.8% quarterly decrease in Gross Domestic Product (GDP) in the first quarter of 2026 (1Q26) gives signs of what he called a </span><strong><span dir="auto">&#8220;stagnation trap&#8221;</span></strong><span dir="auto"> , caused by the weakening of institutions, increased informality, a drop in fixed investment and a decline in productivity.</span></p>
<blockquote><p><span dir="auto">“The quarterly drop in GDP was indeed sharp, and although we expect a rebound in the second quarter, this would be largely due to the World Cup, which we believe will add 0.15 percentage points to GDP through tourism and additional consumption,” he explained.</span></p></blockquote>
<p><span dir="auto">The analyst considered that the low growth of the Mexican economy is not a temporary situation, but </span><strong><span dir="auto">a structural one</span></strong><span dir="auto"> , which is reflected in a high rate of informality in employment that, as of last March, stood at 54.85 percent.</span></p>
<p><span dir="auto">Regarding </span><strong><span dir="auto">private consumption</span></strong><span dir="auto"> , which is one of the indicators of GDP, Siller explained that in 2025 this sector closed with an increase of 1.20%, the lowest since 2020 during the COVID-19 pandemic. “This year consumption started off on the wrong foot, with a drop of 1.55% compared to December 2025.”</span></p>
<p><strong><span dir="auto">By 2026, the financial institution forecasts that private consumption will grow between 1.8% and 2.2%</span></strong><span dir="auto"> , driven by the World Cup and a greater number of tourists arriving in Mexico for the sporting event.</span></p>
<p><strong><span dir="auto">Gross fixed investment</span></strong><span dir="auto"> ( machinery and equipment for the production of goods and services) also declined at the start of 2026. According to figures presented by Siller, this indicator fell 14% compared to 2024, when it reached its historical peak. He noted that in 2025, gross fixed investment decreased by 6.5%, and the projection for 2026 is a further decline of 2%.</span></p>
<blockquote><p><span dir="auto">“There weren’t two consecutive years with declines, something we hadn’t seen since 2019, when Mexico was in a slight recession, and 2020 due to the pandemic,” he emphasized.</span></p></blockquote>
<p><span dir="auto">Regarding </span><strong><span dir="auto">Foreign Direct Investment (FDI)</span></strong><span dir="auto"> in Mexico, he noted that although historical high levels have been reached, it should be considered that a large percentage has been for reinvestment.</span></p>
<blockquote><p><span dir="auto">At the close of 2025, Mexico received $40.871 billion in FDI, which represented a growth of 10.8% compared to the FDI received in 2024, when it was $36.872 billion, according to figures from the </span><a href="https://www.gob.mx/se"><span dir="auto">Ministry of Economy</span></a><span dir="auto"> .</span></p></blockquote>
<p><span dir="auto">According to Siller, 67.65% of FDI in 2025 was for </span><strong><span dir="auto">reinvestment of profits</span></strong><span dir="auto"> , 14.30% </span><strong><span dir="auto">intercompany accounts</span></strong><span dir="auto"> , and 18.05% was for </span><strong><span dir="auto">new investments</span></strong><span dir="auto"> .</span></p>
<p><span dir="auto">Regarding the review of the </span><strong><span dir="auto">United States-Mexico-Canada Agreement (USMCA)</span></strong><span dir="auto"> , the specialist said that, although there is a lot of uncertainty, &#8220;I think that in the end it will not end badly, unless there are political issues that stop this trade relationship.&#8221;</span></p>
<p><span dir="auto">On another topic, he specified that since last year, </span><strong><span dir="auto">computer equipment</span></strong><span dir="auto"> has been Mexico&#8217;s top export. &#8220;If this product hadn&#8217;t grown so much last year, at a rate of 144%, Mexican exports would have fallen by 0.54 percent.&#8221;</span></p>
<blockquote><p><span dir="auto">“But there are several risks. Computer equipment is not a long-term guarantee. To begin with, Mexico is not the main supplier of this product to the United States; that distinction belongs to Taiwan. In fact, for many months we were the main supplier, but Taiwan has now overtaken us. Taiwan accounts for 45% of total U.S. imports of this product, while Mexico accounts for 31%,” he stated.</span></p></blockquote>
<p><span dir="auto">According to the </span><a href="https://www.inegi.org.mx/"><span dir="auto">National Institute of Statistics and Geography (Inegi)</span></a><span dir="auto"> , Mexican exports totaled </span><strong><span dir="auto">70 billion 727 million dollars (mdd) in March 2026</span></strong><span dir="auto"> , a growth of 27.7% compared to the same month of 2025.</span></p>
<blockquote><p><strong><span dir="auto">Regarding inflation, he estimated that it will close this year at 4.2 percent</span></strong><span dir="auto"> . “Inflation was already expected last year. The truth is that Mexico was fortunate with the reduction in non-core inflation, because we know that non-core inflation is very volatile; even more so if we add factors such as public insecurity in Mexico, which has reduced fruit and vegetable harvests, increasing their price. On the other hand, the increase in energy prices due to the war in Iran is also a latent threat; this has caused consumer inflation to rise in Mexico,” he emphasized.</span></p></blockquote>
<p><span dir="auto">It is worth remembering that </span><strong><span dir="auto">inflation in Mexico stood at 4.59% at an annual rate in March 2026</span></strong><span dir="auto"> , driven by a rise in agricultural products and services such as air transport, according to data from Inegi.</span></p>
<p><span dir="auto">According to Banco BASE&#8217;s estimates, the Mexican economic outlook is not encouraging, although there are indicators showing a slow recovery that could improve the situation in the second quarter of the year.</span></p>
<p><span dir="auto">Comment and follow us on LinkedIn:  </span><a href="https://www.linkedin.com/in/humberto-cruz-moya-b412b029/"><span dir="auto">@Humberto Cruz Moya </span></a><span dir="auto"> /  </span><a href="https://www.linkedin.com/company/t21-grupo-comunicai-n-y-medios/"><span dir="auto">@GrupoT21</span></a></p>
<p>El cargo <a href="https://t21.us/banco-base-remains-cautious-regarding-mexicos-gdp-growth-outlook/">Banco BASE remains cautious regarding Mexico&#8217;s GDP growth outlook</a> apareció primero en <a href="https://t21.us">T21</a>.</p>
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		<title>ECLAC projects Mexican GDP growth in 2026; global tensions hold back Latin America</title>
		<link>https://t21.us/eclac-projects-mexican-gdp-growth-in-2026-global-tensions-hold-back-latin-america/</link>
		
		<dc:creator><![CDATA[T21 Media]]></dc:creator>
		<pubDate>Mon, 27 Apr 2026 21:19:42 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[CARIBBEAN]]></category>
		<category><![CDATA[DECREMENT]]></category>
		<category><![CDATA[ECHANGE OF GOODS]]></category>
		<category><![CDATA[ECLAC]]></category>
		<category><![CDATA[Economic Growth]]></category>
		<category><![CDATA[INFLATION]]></category>
		<category><![CDATA[México]]></category>
		<category><![CDATA[REGIONAL ECONOMY]]></category>
		<guid isPermaLink="false">https://t21.us/?p=635484</guid>

					<description><![CDATA[<p>The Mexican economy could grow by 1.5% in 2026 , the Economic Commission for Latin America and the Caribbean (ECLAC) estimated , due to tensions in the global environment and the application of current restrictive financial conditions. This projection represents an increase if one considers that the country&#8217;s real Gross Domestic Product (GDP) in 2025 was 0.8% compared [&#8230;]</p>
<p>El cargo <a href="https://t21.us/eclac-projects-mexican-gdp-growth-in-2026-global-tensions-hold-back-latin-america/">ECLAC projects Mexican GDP growth in 2026; global tensions hold back Latin America</a> apareció primero en <a href="https://t21.us">T21</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" src="https://t21.com.mx/wp-content/uploads/2026/04/CEPAL1.jpg" /></p>
<p data-path-to-node="0"><strong><span dir="auto">The Mexican economy could grow by 1.5% in 2026</span></strong><span dir="auto"> , the </span><a href="https://www.cepal.org/es"><span dir="auto">Economic Commission for Latin America and the Caribbean (ECLAC)</span></a><span dir="auto"> estimated , due to tensions in the global environment and the application of current restrictive financial conditions.</span></p>
<p data-path-to-node="0"><span dir="auto">This projection represents an increase if one considers that the country&#8217;s real Gross Domestic Product (GDP) in 2025 was 0.8% compared to 2024, according to data from the </span><a href="https://www.inegi.org.mx/"><span dir="auto">National Institute of Statistics and Geography (Inegi)</span></a><span dir="auto"> .</span></p>
<p data-path-to-node="0"><span dir="auto">In its report, </span><strong><span dir="auto">ECLAC adjusted its regional growth projection to 2.2% for 2026</span></strong><span dir="auto"> , a decrease from the 2.3% estimated by the organization in December of last year. The report indicated that the contraction reflects current global tensions, such as the conflict in the Middle East and tariff policies.</span></p>
<blockquote>
<p data-path-to-node="0"><span dir="auto">“The deterioration of the external environment is one of the main factors behind the downward revision of regional growth projections,” he said.</span></p>
</blockquote>
<p data-path-to-node="1"><span dir="auto">According to the organization&#8217;s data, growth is projected to slow in 24 of the region&#8217;s 33 countries in 2026, while only seven are expected to show an increase. This would mark four consecutive years of projected growth close to 2.3% for the region, &#8220;demonstrating a pattern of weak growth potential.&#8221;</span></p>
<p data-path-to-node="1"><span dir="auto">At the subregional level, </span><strong><span dir="auto">South America would grow 2.4% in 2026</span></strong><span dir="auto"> , below the 2.9% achieved in 2025, &#8220;reflecting a slowdown in most of the economies of the subregion,&#8221; according to the most recent projections of ECLAC.</span></p>
<p data-path-to-node="1"><strong><span dir="auto">Central America is projected to grow its economy by 2.2% this year</span></strong><span dir="auto"> , a slight contraction compared to the 2.3% growth forecast for 2025, influenced by anticipated contractions in Cuba and Haiti.  </span><strong><span dir="auto">The English- and Dutch-speaking Caribbean is projected to grow by 5.6%</span></strong><span dir="auto"> , a slight increase from the 5.5% forecast for 2025, driven by projected economic activity in Guyana.</span></p>
<p data-path-to-node="2"><span dir="auto">The conflict in the Middle East and geopolitical tensions increased volatility in commodity and financial markets. </span><strong><span dir="auto">The price of oil during the first three weeks of April exceeded the average price recorded in December 2015 by 74%</span></strong><span dir="auto"> , raising production and transportation costs globally, according to the technical report.</span></p>
<p data-path-to-node="3"><span dir="auto">ECLAC noted that </span><strong><span dir="auto">the </span><a href="https://www.wto.org/indexsp.htm"><span dir="auto">World Trade Organization (WTO)</span></a><span dir="auto"> projected a 2.7% increase in the volume of trade in goods and services in 2026.</span></strong><span dir="auto"> This figure contrasts with the 4.7% growth achieved in 2025, indicating a slowdown in the dynamism of global international trade. Meanwhile, central banks are maintaining cautious stances in the face of renewed pressure on consumer price indices.</span></p>
<p data-path-to-node="4"><span dir="auto">Regional private consumption is showing less dynamism, while investment is showing signs of a recovery, albeit at moderate levels. </span><strong><span dir="auto">Employment growth in the region&#8217;s economies is estimated at 1.1% in 2026, compared to 1.5% in 2025</span></strong><span dir="auto"> .</span></p>
<p data-path-to-node="4"><span dir="auto">Meanwhile, median inflation would be above 3%, due to the rise in imported inputs and logistics expenses, compared to 2.4% last year.</span></p>
<blockquote>
<p data-path-to-node="6"><span dir="auto">According to the United Nations regional economic commission, risks persist linked to the volatility of international markets and the weakness of domestic demand in countries; in addition to structural factors and constraints of space in public policies that affect the performance in various economies of the region analyzed.</span></p>
</blockquote>
<p data-path-to-node="6"><span dir="auto">Given this scenario, ECLAC emphasized the need to </span><strong><span dir="auto">expand the mobilization of internal and external resources</span></strong><span dir="auto"> , and to strengthen governance to promote policies that boost investment, increase productivity and strengthen macroeconomic resilience, in a global environment where uncertainty prevails.</span></p>
<p data-path-to-node="6"><span dir="auto">Comment and follow us on LinkedIn:  </span><a href="https://www.linkedin.com/company/t21-grupo-comunicai-n-y-medios/"><span dir="auto">@GrupoT21</span></a></p>
<p>El cargo <a href="https://t21.us/eclac-projects-mexican-gdp-growth-in-2026-global-tensions-hold-back-latin-america/">ECLAC projects Mexican GDP growth in 2026; global tensions hold back Latin America</a> apareció primero en <a href="https://t21.us">T21</a>.</p>
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		<title>Inflation eases slightly in the first half of April</title>
		<link>https://t21.us/inflation-eases-slightly-in-the-first-half-of-april/</link>
		
		<dc:creator><![CDATA[T21 Media]]></dc:creator>
		<pubDate>Thu, 23 Apr 2026 22:07:08 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[CPI]]></category>
		<category><![CDATA[INEGI]]></category>
		<category><![CDATA[INFLATION]]></category>
		<category><![CDATA[MEXICAN ECONOMY]]></category>
		<category><![CDATA[NATIONAL CONSUMER PRICE INDEX]]></category>
		<category><![CDATA[NON-UNDERLYUNG INDEX]]></category>
		<category><![CDATA[UNDERLYING INDEX]]></category>
		<guid isPermaLink="false">https://t21.us/?p=635351</guid>

					<description><![CDATA[<p>After a tense start to the year, inflation in Mexico moderated slightly in the first half of April 2026, reaching 4.53% year-on-year , which implied an increase of 0.11% compared to the previous two weeks, according to the National Consumer Price Index (INPC) of the National Institute of Statistics and Geography (Inegi) . The core component —which excludes goods and services [&#8230;]</p>
<p>El cargo <a href="https://t21.us/inflation-eases-slightly-in-the-first-half-of-april/">Inflation eases slightly in the first half of April</a> apareció primero en <a href="https://t21.us">T21</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" src="https://t21.com.mx/wp-content/uploads/2026/04/WhatsApp-Image-2026-04-23-at-10.36.04.jpeg" /></p>
<p><span dir="auto">After a tense start to the year, </span><strong><span dir="auto">inflation in Mexico moderated slightly in the first half of April 2026, reaching 4.53% year-on-year</span></strong><span dir="auto"> , which implied an increase of 0.11% compared to the previous two weeks, according to the National Consumer Price Index (INPC) of the </span><a href="https://www.inegi.org.mx/"><span dir="auto">National Institute of Statistics and Geography (Inegi)</span></a><span dir="auto"> .</span></p>
<p><span dir="auto">The </span><strong><span dir="auto">core component</span></strong><span dir="auto"> —which excludes goods and services with volatile prices— increased 0.18% on a biweekly basis, with a 0.25% increase in goods prices and a 0.12% increase in services prices.</span></p>
<p><span dir="auto">The  </span><strong><span dir="auto">non-core price index</span></strong><span dir="auto"> —which includes goods and services whose prices are subject to fluctuations—fell 0.13% on a bi-weekly basis. Within this index, fruit and vegetable prices rose 4.29%, while energy and regulated tariff prices fell 1.34% on a bi-weekly basis, due to the implementation of the summer electricity tariff scheme in 18 cities across the country.</span></p>
<figure id="attachment_673272" class="wp-caption aligncenter" aria-describedby="caption-attachment-673272"><img decoding="async" class="wp-image-673272 size-full" src="https://t21.com.mx/wp-content/uploads/2026/04/INPC1QAB26.jpg" sizes="(max-width: 1215px) 100vw, 1215px" srcset="https://t21.com.mx/wp-content/uploads/2026/04/INPC1QAB26.jpg 1215w, https://t21.com.mx/wp-content/uploads/2026/04/INPC1QAB26-300x63.jpg 300w, https://t21.com.mx/wp-content/uploads/2026/04/INPC1QAB26-1024x216.jpg 1024w, https://t21.com.mx/wp-content/uploads/2026/04/INPC1QAB26-768x162.jpg 768w, https://t21.com.mx/wp-content/uploads/2026/04/INPC1QAB26-600x126.jpg 600w, https://t21.com.mx/wp-content/uploads/2026/04/INPC1QAB26-150x32.jpg 150w, https://t21.com.mx/wp-content/uploads/2026/04/INPC1QAB26-750x158.jpg 750w, https://t21.com.mx/wp-content/uploads/2026/04/INPC1QAB26-1140x240.jpg 1140w" alt="" width="1215" height="256" data-pin-no-hover="true" /><figcaption id="caption-attachment-673272" class="wp-caption-text"><span dir="auto">Source: Inegi.</span></figcaption></figure>
<h4><strong><span dir="auto">Tomato press basic basket</span></strong></h4>
<p><span dir="auto">The generic products that registered the largest price increases with impact on general inflation in the period were </span><strong><span dir="auto">tomatoes</span></strong><span dir="auto"> with an increase of 24.37%, </span><strong><span dir="auto">poblano peppers</span></strong><span dir="auto"> with 22.63%, </span><strong><span dir="auto">serrano peppers</span></strong><span dir="auto"> with 21.94%, </span><strong><span dir="auto">onions</span></strong><span dir="auto"> with 7.43%, and </span><strong><span dir="auto">potatoes and other tubers</span></strong><span dir="auto"> with 6.92% at a bi-weekly rate.</span></p>
<p><span dir="auto">Conversely, </span><strong><span dir="auto">green tomatoes</span></strong><span dir="auto"> were the product that decreased the most with a drop of 26.86%, followed by </span><strong><span dir="auto">zucchini</span></strong><span dir="auto"> with a drop of 14.92%, </span><strong><span dir="auto">electricity</span></strong><span dir="auto"> with 14%, </span><strong><span dir="auto">air transport</span></strong><span dir="auto"> with 11.65% and </span><strong><span dir="auto">eggs</span></strong><span dir="auto"> with a decrease of 2.59% fortnightly.</span></p>
<blockquote><p><span dir="auto">In the analysis by state, Durango led the bi-weekly variations, exceeding the national average. Jalisco and Chihuahua followed. Meanwhile, the states that reported the smallest increases in the first half of April were Tabasco, Quintana Roo, and Yucatán.</span></p></blockquote>
<p><span dir="auto">Although the INPC (National Consumer Price Index) showed a slight decrease in the first half of April, inflation continues to put pressure on Mexicans&#8217; wallets, as basic food items such as tomatoes and chili peppers have shown a greater increase in the reference cycle.</span></p>
<p><span dir="auto">This dynamic is also reflected in the Minimum Consumption Basket Price Index, which </span><strong> </strong><span dir="auto">registered an annual increase of 4.73%, higher than the 3.75% of the same period in 2025.</span></p>
<p><span dir="auto">Comment and follow us on LinkedIn:  </span><a href="https://www.linkedin.com/company/t21-grupo-comunicai-n-y-medios/"><span dir="auto">@GrupoT21</span></a></p>
<p>El cargo <a href="https://t21.us/inflation-eases-slightly-in-the-first-half-of-april/">Inflation eases slightly in the first half of April</a> apareció primero en <a href="https://t21.us">T21</a>.</p>
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		<title>Mexico grows in “baby steps” in an environment of global risks</title>
		<link>https://t21.us/mexico-grows-in-baby-steps-in-an-environment-of-global-risks/</link>
		
		<dc:creator><![CDATA[T21 Media]]></dc:creator>
		<pubDate>Tue, 21 Apr 2026 21:59:13 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[FEATURED]]></category>
		<category><![CDATA[ANERPV]]></category>
		<category><![CDATA[ANERPV FORUM]]></category>
		<category><![CDATA[ECONOMIC ANALYSIS]]></category>
		<category><![CDATA[Energy]]></category>
		<category><![CDATA[INFLATION]]></category>
		<category><![CDATA[MEXICAN ECONOMY]]></category>
		<category><![CDATA[NERSHORING]]></category>
		<category><![CDATA[PRODUCTION CHAINS]]></category>
		<category><![CDATA[USMCA]]></category>
		<guid isPermaLink="false">https://t21.us/?p=635283</guid>

					<description><![CDATA[<p>Amid global uncertainty, geopolitical tensions, and internal pressures, analyst Mauricio Candiani warned that 2026 will be a year of &#8220;crosswinds&#8221; for companies in Mexico, where the key will not be waiting for certainty, but making strategic decisions with pragmatism. During his presentation at the ANERPV Forum , Candiani used a metaphor comparing the current economy to a turbulent flight. [&#8230;]</p>
<p>El cargo <a href="https://t21.us/mexico-grows-in-baby-steps-in-an-environment-of-global-risks/">Mexico grows in “baby steps” in an environment of global risks</a> apareció primero en <a href="https://t21.us">T21</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" src="https://t21.com.mx/wp-content/uploads/2024/04/Mexico-Oasis-01_0.jpg" /></p>
<p class="p1"><span class="s1"><span dir="auto">Amid global uncertainty, geopolitical tensions, and internal pressures, analyst Mauricio Candiani warned that </span><strong><span dir="auto">2026 will be a year of &#8220;crosswinds&#8221;</span></strong><span dir="auto"> for companies in Mexico, where the key will not be waiting for certainty, but making strategic decisions with pragmatism.</span></span></p>
<p class="p1"><span class="s1"><span dir="auto">During his presentation at the </span><strong><span dir="auto">ANERPV Forum</span></strong><span dir="auto"> , Candiani used a metaphor comparing the current economy to a turbulent flight. While some react nervously to any jolt, more experienced organizations understand that these episodes are inevitable and operate with clear protocols.</span></span></p>
<blockquote>
<p class="p1"><span class="s1"><span dir="auto">“This is how things are this year; there are slight movements and stronger ones that directly impact the dynamics of businesses, regardless of the sector,” he explained.</span></span></p>
</blockquote>
<p class="p1"><span class="s1"><span dir="auto">One of the main challenges, he pointed out, is the </span><strong><span dir="auto">low economic growth</span></strong><span dir="auto"> . Mexico is advancing at a </span></span><span dir="auto"> &#8220;baby step&#8221; pace, insufficient in the face of key variables such as population growth or the level of public debt.</span></p>
<p class="p1"><span class="s1"><span dir="auto">According to Candiani, the country should grow </span><strong><span dir="auto">above both indicators</span></strong><span dir="auto"> to guarantee long-term stability, something that is not currently happening. This is compounded by a still-high fiscal deficit and a growing debt, which, while not critical, does show a worrying trend.</span></span></p>
<blockquote>
<p class="p1"><span class="s1"><span dir="auto">“The problem is not the size of the debt, it is the trajectory,” he warned.</span></span></p>
</blockquote>
<p class="p1"><span class="s1"><span dir="auto">On the monetary front, he highlighted that the </span><strong><span dir="auto">reduction in interest rates</span></strong><span dir="auto"> represents an opportunity for investment, although he stressed that its impact goes beyond credit: it also directly affects the viability of new projects.</span></span></p>
<p class="p1"><span class="s1"><span dir="auto">Regarding </span><strong><span dir="auto">inflation</span></strong><span dir="auto"> , the specialist pointed out that it does not represent a serious macroeconomic risk at the moment, as it remains within manageable ranges for the economy.</span></span></p>
<blockquote>
<p class="p1"><span class="s1"><span dir="auto">One of the most critical points of his analysis was the global energy environment, which he described as a “shock” driven more by expectations than by physical scarcity.</span></span></p>
</blockquote>
<p class="p1"><span class="s1"><span dir="auto">In this context, he warned about Mexico&#8217;s high dependence on </span><strong><span dir="auto">natural gas</span></strong><span dir="auto"> imported from the United States, which could become a structural risk in the event of supply disruptions.</span></span></p>
<p class="p1"><span class="s1"><span dir="auto">However, it also identified opportunities, particularly in the development of unconventional gas in the north of the country, driven by changes in energy policy.</span></span></p>
<blockquote>
<p class="p1"><span class="s1"><span dir="auto">“The restriction is not the price, it is the capacity,” he emphasized.</span></span></p>
</blockquote>
<h4 class="p1"><strong><span class="s2"><em><span dir="auto">Nearshoring</span></em><span dir="auto"> and unequal opportunities</span></span></strong></h4>
<p class="p1"><span class="s1"><span dir="auto">Candiani acknowledged that regionalization and trade with the United States remain key drivers for Mexico, especially within the context of the </span><strong><span dir="auto">United States-Mexico-Canada Agreement (USMCA)</span></strong><span dir="auto"> . However, he cautioned that the benefits are not distributed evenly.</span></span></p>
<p class="p1"><span class="s1"><span dir="auto">While some regions and industries are growing rapidly due to the relocation of production chains, others are facing lags or even contractions.</span></span></p>
<blockquote>
<p class="p1"><span class="s1"><span dir="auto">“The world is in constant arbitrage of inputs, and Mexico is well positioned to take advantage of it,” he noted.</span></span></p>
</blockquote>
<p class="p1"><span class="s1"><span dir="auto">Another area of ​​concern is the </span><strong><span dir="auto">judicial system</span></strong><span dir="auto"> . Candiani warned about a transition process that could generate greater uncertainty in dispute resolution, forcing companies to rethink their legal and compliance strategies.</span></span></p>
<p class="p1"><span class="s1"><span dir="auto">He even warned about the strengthening of regulatory powers that allow accounts to be frozen based on presumptions, which increases </span><strong><span dir="auto">operational risks</span></strong><span dir="auto"> .</span></span></p>
<p class="p1"><span class="s1"><span dir="auto">Beyond the diagnosis, Candiani&#8217;s central message was that companies must adjust their decision-making to a reality where government support is limited.</span></span></p>
<blockquote>
<p class="p1"><span class="s1"><span dir="auto">“We have to ask the government as if it could do everything, but in the boardrooms we have to make decisions as if it weren&#8217;t doing anything,” he said.</span></span></p>
</blockquote>
<p class="p1"><span class="s1"><span dir="auto">In this regard, he called for maintaining financial discipline, avoiding overleverage, and strengthening the capacity to adapt to changing scenarios.</span></span></p>
<p class="p1"><span class="s1"><span dir="auto">Despite the challenges, the specialist concluded with a moderately optimistic outlook. He asserted that </span><strong><span dir="auto">Mexico maintains significant competitive advantages</span></strong><span dir="auto"> , especially in sectors related to exports, logistics, and technology.</span></span></p>
<p class="p1"><span class="s1"><strong><span dir="auto">“The country is in the right postal code</span></strong><span dir="auto"> ,” he said, noting that opportunities exist, but depend on companies’ ability to read the environment, adjust their strategies, and execute with discipline.</span></span></p>
<p><span dir="auto">Comment and follow us on LinkedIn: </span><a href="https://www.linkedin.com/in/jennifer-galindo-b62356204?utm_source=share&amp;utm_campaign=share_via&amp;utm_content=profile&amp;utm_medium=ios_app"><span dir="auto">@Jennifer Galindo</span></a><span dir="auto"> / </span><a id="menurj3" class="fui-Link ___1q1shib f2hkw1w f3rmtva f1ewtqcl fyind8e f1k6fduh f1w7gpdv fk6fouc fjoy568 figsok6 f1s184ao f1mk8lai fnbmjn9 f1o700av f13mvf36 f1cmlufx f9n3di6 f1ids18y f1tx3yz7 f1deo86v f1eh06m1 f1iescvh fhgqx19 f1olyrje f1p93eir f1nev41a f1h8hb77 f1lqvz6u f10aw75t fsle3fq f17ae5zn" title="https://www.linkedin.com/company/t21-grupo-comunicai-ny-medios/" href="https://www.linkedin.com/company/t21-grupo-comunicai-n-y-medios/" target="_blank" rel="noreferrer noopener" aria-label="Link @GrupoT21"><span dir="auto">@GrupoT21</span></a></p>
<p>El cargo <a href="https://t21.us/mexico-grows-in-baby-steps-in-an-environment-of-global-risks/">Mexico grows in “baby steps” in an environment of global risks</a> apareció primero en <a href="https://t21.us">T21</a>.</p>
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		<title>Mexicans open their wallets; they anticipate growth in private consumption in February</title>
		<link>https://t21.us/mexicans-open-their-wallets-they-anticipate-growth-in-private-consumption-in-february/</link>
		
		<dc:creator><![CDATA[T21 Media]]></dc:creator>
		<pubDate>Wed, 15 Apr 2026 23:01:24 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[BASIC FOODS BASKET]]></category>
		<category><![CDATA[INEGI]]></category>
		<category><![CDATA[INFLATION]]></category>
		<category><![CDATA[IOCP]]></category>
		<category><![CDATA[MEXICAN ECONOMY]]></category>
		<category><![CDATA[PRIVATE CONSUMPTION IN MEXICO]]></category>
		<category><![CDATA[TIMELY INDICATOR OF PRIVATE CONSUMPTION]]></category>
		<guid isPermaLink="false">https://t21.us/?p=635175</guid>

					<description><![CDATA[<p>The Timely Indicator of Private Consumption (IOCP) anticipated a 0.2% monthly increase in consumption for February 2026, and also estimated a 2.1% annual growth rate , according to figures from the  National Institute of Statistics and Geography (Inegi) . Meanwhile, for March, the agency projected that the IOCP will not show changes on a monthly basis, which would reflect [&#8230;]</p>
<p>El cargo <a href="https://t21.us/mexicans-open-their-wallets-they-anticipate-growth-in-private-consumption-in-february/">Mexicans open their wallets; they anticipate growth in private consumption in February</a> apareció primero en <a href="https://t21.us">T21</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" src="https://t21.com.mx/wp-content/uploads/2026/04/WhatsApp-Image-2026-04-15-at-10.46.53.jpeg" /></p>
<p><span dir="auto">The Timely Indicator of Private Consumption (IOCP) anticipated </span><strong><span dir="auto">a 0.2% monthly increase in consumption for February 2026, and also estimated a 2.1% annual growth rate</span></strong><span dir="auto"> , according to figures from the  </span><a href="https://www.inegi.org.mx/"><span dir="auto">National Institute of Statistics and Geography (Inegi)</span></a><span dir="auto"> .</span></p>
<p><span dir="auto">Meanwhile, for March, the agency projected that the IOCP will not show changes on a monthly basis, which would reflect a slowdown in the pace of spending in Mexican households; while in its annual measurement it forecasts an increase of 2.1 percent.</span></p>
<p><strong><span dir="auto">For both months, the consumption index would stand at 112.4 points</span></strong><span dir="auto"> , which could signify a trend of stability, although without clear signs of expansion.</span></p>
<p><img decoding="async" class="aligncenter wp-image-672727 size-full" src="https://t21.com.mx/wp-content/uploads/2026/04/IOCPFEB26.jpg" sizes="(max-width: 1036px) 100vw, 1036px" srcset="https://t21.com.mx/wp-content/uploads/2026/04/IOCPFEB26.jpg 1036w, https://t21.com.mx/wp-content/uploads/2026/04/IOCPFEB26-300x171.jpg 300w, https://t21.com.mx/wp-content/uploads/2026/04/IOCPFEB26-1024x582.jpg 1024w, https://t21.com.mx/wp-content/uploads/2026/04/IOCPFEB26-768x437.jpg 768w, https://t21.com.mx/wp-content/uploads/2026/04/IOCPFEB26-600x341.jpg 600w, https://t21.com.mx/wp-content/uploads/2026/04/IOCPFEB26-150x85.jpg 150w, https://t21.com.mx/wp-content/uploads/2026/04/IOCPFEB26-750x426.jpg 750w" alt="" width="1036" height="589" data-pin-no-hover="true" /></p>
<p><span dir="auto">The Inegi estimates come in a context where the general annual inflation has remained on the rise, </span><strong><span dir="auto">standing at 4.02% last February and at 4.59% in March of this year</span></strong><span dir="auto"> .</span></p>
<p><span dir="auto">According to projections from the  </span><a href="https://www.imf.org/es/home"><span dir="auto">International Monetary Fund (IMF)</span></a><span dir="auto"> , inflation in Mexico could reach 3.9% in 2026, which anticipates an improvement in the face of the price increases of several products in the basic food basket during the first three months of the year.</span></p>
<p><span dir="auto">Despite the slight growth of the IOCP, Mexican consumers continue to show restraint when acquiring goods and services, resulting from a less dynamic Mexican economy, and have therefore adopted new forms of consumption, opting for </span><strong><span dir="auto">lower-cost products and reducing their expenses</span></strong><span dir="auto"> .</span></p>
<blockquote><p><span dir="auto">The IOCP aims to provide timely and accurate estimates of private consumption, which is one of the country&#8217;s economic drivers, Inegi emphasized.</span></p></blockquote>
<p><span dir="auto">Comment and follow us on LinkedIn:  </span><a href="https://www.linkedin.com/company/t21-grupo-comunicai-n-y-medios/"><span dir="auto">@GrupoT21</span></a></p>
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<p>El cargo <a href="https://t21.us/mexicans-open-their-wallets-they-anticipate-growth-in-private-consumption-in-february/">Mexicans open their wallets; they anticipate growth in private consumption in February</a> apareció primero en <a href="https://t21.us">T21</a>.</p>
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		<title>Inflation spirals out of control in March; rising prices of agricultural products take their toll</title>
		<link>https://t21.us/inflation-spirals-out-of-control-in-march-rising-prices-of-agricultural-products-take-their-toll/</link>
		
		<dc:creator><![CDATA[T21 Media]]></dc:creator>
		<pubDate>Thu, 09 Apr 2026 22:13:29 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[AGRICULTURAL PRODUCTS]]></category>
		<category><![CDATA[BASIC FOOD BASKET]]></category>
		<category><![CDATA[CPI]]></category>
		<category><![CDATA[INFLATION]]></category>
		<category><![CDATA[MEXICAN ECONOMY]]></category>
		<category><![CDATA[NATIONAL CONSUMER PRICE INDEX]]></category>
		<category><![CDATA[Non-core price index]]></category>
		<category><![CDATA[UNDERLYING PRICE INDEX]]></category>
		<guid isPermaLink="false">https://t21.us/?p=635048</guid>

					<description><![CDATA[<p>Inflation in Mexico accelerated again in March 2026, driven by the rise in agricultural products and services such as air transport , after the increase shown last February, when it stood at 4.02% at an annual rate, the National Institute of Statistics and Geography (Inegi) announced . According to the agency, in the third month of the year, [&#8230;]</p>
<p>El cargo <a href="https://t21.us/inflation-spirals-out-of-control-in-march-rising-prices-of-agricultural-products-take-their-toll/">Inflation spirals out of control in March; rising prices of agricultural products take their toll</a> apareció primero en <a href="https://t21.us">T21</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" src="https://t21.com.mx/wp-content/uploads/2026/04/WhatsApp-Image-2026-04-09-at-10.10.22.jpeg" /></p>
<p><strong><span dir="auto">Inflation in Mexico accelerated again in March 2026, driven by the rise in agricultural products and services such as air transport , after the increase shown last February, when it stood at 4.02% at an annual rate, the </span></strong><a href="https://www.inegi.org.mx/"><span dir="auto">National Institute of Statistics and Geography (Inegi)</span></a><span dir="auto"> announced .</span></p>
<p><span dir="auto">According to the agency, in the third month of the year, the National Consumer Price Index (INPC), which measures the variation in prices of a basket of goods and services, registered an increase of 0.86% compared to the previous month. With this result, </span><strong><span dir="auto">the overall annual inflation rate was 4.59%</span></strong><span dir="auto"> .</span></p>
<blockquote><p><span dir="auto">“The increase in some agricultural products and the effects of the conflict in the Middle East on energy led to inflation reaching its highest level since October 2024,” the  </span><a href="https://www.vepormas.com/fwpf/portal/"><span dir="auto">Financial Group Ve por Más (BX+)</span></a><span dir="auto"> indicated  in an analysis.</span></p></blockquote>
<p><span dir="auto">According to Inegi, the  </span><strong><span dir="auto">core price index</span></strong><span dir="auto">  &#8211; which does not take into account the most volatile goods and services &#8211; </span><strong><span dir="auto">increased 0.38% monthly</span></strong><span dir="auto"> , with a rise in the prices of goods of 0.29% and an increase of 0.48% in the prices of services.</span></p>
<blockquote><p><span dir="auto">“The underlying inflation rate declined slightly, but has remained above 4% for 11 consecutive months despite the fragility of economic activity. Goods prices fell, likely as the effect of January&#8217;s fiscal adjustments diminishes and given the currency appreciation of previous months. Conversely, services prices rebounded and are showing variations greater than their historical average despite a fragile economic context,” BX+ explained.</span></p></blockquote>
<p><span dir="auto">The  </span><strong><span dir="auto">non-core price index</span></strong><span dir="auto">  —which includes goods and services whose prices are subject to fluctuations— </span><strong><span dir="auto">rose 2.46% month-on-month</span></strong><span dir="auto"> . Within this index, fruit and vegetable prices increased 10.75%, and energy and regulated tariffs rose 0.85% month-on-month, reflecting price pressures on various frequently consumed products and services in Mexico.</span></p>
<figure id="attachment_672262" class="wp-caption aligncenter" aria-describedby="caption-attachment-672262"><img decoding="async" class="wp-image-672262 size-full" src="https://t21.com.mx/wp-content/uploads/2026/04/INPCMAR26.jpg" sizes="(max-width: 1417px) 100vw, 1417px" srcset="https://t21.com.mx/wp-content/uploads/2026/04/INPCMAR26.jpg 1417w, https://t21.com.mx/wp-content/uploads/2026/04/INPCMAR26-300x68.jpg 300w, https://t21.com.mx/wp-content/uploads/2026/04/INPCMAR26-1024x231.jpg 1024w, https://t21.com.mx/wp-content/uploads/2026/04/INPCMAR26-768x173.jpg 768w, https://t21.com.mx/wp-content/uploads/2026/04/INPCMAR26-600x135.jpg 600w, https://t21.com.mx/wp-content/uploads/2026/04/INPCMAR26-150x34.jpg 150w, https://t21.com.mx/wp-content/uploads/2026/04/INPCMAR26-750x169.jpg 750w, https://t21.com.mx/wp-content/uploads/2026/04/INPCMAR26-1140x257.jpg 1140w" alt="" width="1417" height="319" data-pin-no-hover="true" /><figcaption id="caption-attachment-672262" class="wp-caption-text"><span dir="auto">Source: Inegi.</span></figcaption></figure>
<p><span dir="auto">The increase in inflation in March is mainly explained by a rebound in the price of agricultural products such as </span><strong><span dir="auto">cucumber</span></strong><span dir="auto"> with a rise of 42.71%, </span><strong><span dir="auto">tomato</span></strong><span dir="auto">  with 42.01%, air </span><strong><span dir="auto"> transport </span></strong><strong><span dir="auto">with an increase</span></strong><span dir="auto"> of 26.28%,  </span><strong><span dir="auto">lemon</span></strong><span dir="auto"> with 18.26%,  </span><strong><span dir="auto">green tomato</span></strong><span dir="auto">  with 16.46%, </span><strong><span dir="auto">potato and other tubers</span></strong><span dir="auto"> with 14.92% and </span><strong><span dir="auto">chicken</span></strong><span dir="auto"> with 2.82% monthly.</span></p>
<p><span dir="auto">Conversely, the products with the greatest decrease in their cost during the cycle were </span><strong><span dir="auto">nopales</span></strong><span dir="auto"> with a drop of 8.86%, </span><strong><span dir="auto">papaya</span></strong><span dir="auto"> with 4.40%, </span><strong><span dir="auto">internet, telephone and pay television packages</span></strong><span dir="auto"> with 3.59%, </span><strong><span dir="auto">eggs</span></strong><span dir="auto"> with 2.69%, </span><strong><span dir="auto">beans</span></strong><span dir="auto"> with 1.34% and </span><strong><span dir="auto">pork</span></strong><span dir="auto"> with a decrease in its price of 1.28% on a monthly basis.</span></p>
<p><img decoding="async" class="aligncenter wp-image-672269 size-full" src="https://t21.com.mx/wp-content/uploads/2026/04/WhatsApp-Image-2026-04-09-at-11.34.12.jpeg" sizes="(max-width: 1408px) 100vw, 1408px" srcset="https://t21.com.mx/wp-content/uploads/2026/04/WhatsApp-Image-2026-04-09-at-11.34.12.jpeg 1408w, https://t21.com.mx/wp-content/uploads/2026/04/WhatsApp-Image-2026-04-09-at-11.34.12-300x164.jpeg 300w, https://t21.com.mx/wp-content/uploads/2026/04/WhatsApp-Image-2026-04-09-at-11.34.12-1024x559.jpeg 1024w, https://t21.com.mx/wp-content/uploads/2026/04/WhatsApp-Image-2026-04-09-at-11.34.12-768x419.jpeg 768w, https://t21.com.mx/wp-content/uploads/2026/04/WhatsApp-Image-2026-04-09-at-11.34.12-600x327.jpeg 600w, https://t21.com.mx/wp-content/uploads/2026/04/WhatsApp-Image-2026-04-09-at-11.34.12-150x82.jpeg 150w, https://t21.com.mx/wp-content/uploads/2026/04/WhatsApp-Image-2026-04-09-at-11.34.12-750x409.jpeg 750w, https://t21.com.mx/wp-content/uploads/2026/04/WhatsApp-Image-2026-04-09-at-11.34.12-1140x622.jpeg 1140w" alt="" width="1408" height="768" data-pin-no-hover="true" /></p>
<p><span dir="auto">Among the states with the largest monthly increases in the National Consumer Price Index (INPC) were </span><strong><span dir="auto">Guerrero, Puebla, and Tlaxcala</span></strong><span dir="auto"> . Meanwhile, </span><strong><span dir="auto">Chihuahua, Baja California Sur, and Yucatán</span></strong><span dir="auto"> were among the states with variations below the national average.</span></p>
<p><span dir="auto">According to Ve por Más&#8217;s analysis, the annual variation of the INPC &#8220;accelerated for the third consecutive month, adding two readings above 4% (upper limit of the <strong><a href="https://www.banxico.org.mx/">Bank of Mexico</a></strong></span><strong><span dir="auto"> &#8216;s tolerance range ) and reached highs since October 2024&#8243;</span></strong><span dir="auto"> .</span></p>
<blockquote><p><span dir="auto">“The pressure came from the non-core index, given the marked reversal in agricultural products and –as a result of the conflict in Iran– the greater dynamism in energy,” he explained.</span></p></blockquote>
<p><span dir="auto">The financial institution considered that </span><strong><span dir="auto">&#8220;the inflationary outlook has deteriorated</span></strong><span dir="auto"> ,&#8221; and therefore raised its year-end inflation forecast from 3.9% to 4.1%.</span></p>
<p><span dir="auto">Comment and follow us on LinkedIn:  </span><a href="https://www.linkedin.com/company/t21-grupo-comunicai-n-y-medios/"><span dir="auto">@GrupoT21</span></a></p>
<p>El cargo <a href="https://t21.us/inflation-spirals-out-of-control-in-march-rising-prices-of-agricultural-products-take-their-toll/">Inflation spirals out of control in March; rising prices of agricultural products take their toll</a> apareció primero en <a href="https://t21.us">T21</a>.</p>
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		<title>Basic food basket prices skyrocket! Inflation maintains its upward trend in the first half of March</title>
		<link>https://t21.us/basic-food-basket-prices-skyrocket-inflation-maintains-its-upward-trend-in-the-first-half-of-march/</link>
		
		<dc:creator><![CDATA[T21 Media]]></dc:creator>
		<pubDate>Tue, 24 Mar 2026 21:37:16 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[BASIC FOOD BASKET]]></category>
		<category><![CDATA[CPI]]></category>
		<category><![CDATA[INEGI]]></category>
		<category><![CDATA[INFLATION]]></category>
		<category><![CDATA[INFLATION IN MEXICO]]></category>
		<category><![CDATA[MEXICAN ECONOMY]]></category>
		<guid isPermaLink="false">https://t21.us/?p=634742</guid>

					<description><![CDATA[<p>Inflation in Mexico continues unabated. In the first half of March 2026, the National Consumer Price Index (INPC) , which measures the average change in prices of products that make up a basket of goods and services, stood at 4.63% year-on-year , representing an increase of 0.62% compared to the previous two weeks, the National Institute of Statistics and [&#8230;]</p>
<p>El cargo <a href="https://t21.us/basic-food-basket-prices-skyrocket-inflation-maintains-its-upward-trend-in-the-first-half-of-march/">Basic food basket prices skyrocket! Inflation maintains its upward trend in the first half of March</a> apareció primero en <a href="https://t21.us">T21</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" src="https://t21.com.mx/wp-content/uploads/2026/03/INPC1QMAR261.jpeg" /></p>
<p><span dir="auto">Inflation in Mexico continues unabated. In the first half of March 2026, the </span><strong><span dir="auto">National Consumer Price Index (INPC)</span></strong><span dir="auto"> , which measures the average change in prices of products that make up a basket of goods and services, stood at </span><strong><span dir="auto">4.63% year-on-year , representing an increase of 0.62% compared to the previous two weeks, the </span></strong><a href="https://www.inegi.org.mx/"><span dir="auto">National Institute of Statistics and Geography (Inegi)</span></a><span dir="auto"> announced on Tuesday  .</span></p>
<blockquote><p><span dir="auto">“The inflationary outlook has recently deteriorated due to the escalation of geopolitical conflicts and the resulting increase in international energy prices, coupled with a reluctance to lower core inflation,” the </span><a href="https://www.vepormas.com/fwpf/portal/"><span dir="auto">Financial Group Ve por Más (BX+)</span></a><span dir="auto"> noted in an analysis.</span></p></blockquote>
<p><span dir="auto">According to INEGI, the  </span><strong><span dir="auto">core inflation index</span></strong><span dir="auto"> —which excludes goods and services with the most volatile prices—rose 0.22% biweekly. Within this index, </span><strong><span dir="auto">goods prices increased 0.20% and services prices 0.25%</span></strong><span dir="auto"> .</span></p>
<blockquote><p><span dir="auto">“The underlying index remains stubbornly high, despite moderating slightly. It has now been above 4% for 10 consecutive months,” BX+ noted.</span></p></blockquote>
<p><span dir="auto">The  </span><strong><span dir="auto">non-core price index</span></strong><span dir="auto"> —which includes goods and services whose prices are subject to fluctuations—rose 1.96% biweekly. Within this index, </span><strong><span dir="auto">fruit and vegetable prices increased 8.34%, while energy and regulated tariff prices rose 0.48% biweekly</span></strong><span dir="auto"> .</span></p>
<figure id="attachment_671008" class="wp-caption aligncenter" aria-describedby="caption-attachment-671008"><img decoding="async" class="wp-image-671008 size-large" src="https://t21.com.mx/wp-content/uploads/2026/03/INPC1QMAR26-1024x218.jpg" sizes="(max-width: 1024px) 100vw, 1024px" srcset="https://t21.com.mx/wp-content/uploads/2026/03/INPC1QMAR26-1024x218.jpg 1024w, https://t21.com.mx/wp-content/uploads/2026/03/INPC1QMAR26-300x64.jpg 300w, https://t21.com.mx/wp-content/uploads/2026/03/INPC1QMAR26-768x164.jpg 768w, https://t21.com.mx/wp-content/uploads/2026/03/INPC1QMAR26-600x128.jpg 600w, https://t21.com.mx/wp-content/uploads/2026/03/INPC1QMAR26-150x32.jpg 150w, https://t21.com.mx/wp-content/uploads/2026/03/INPC1QMAR26-750x160.jpg 750w, https://t21.com.mx/wp-content/uploads/2026/03/INPC1QMAR26-1140x243.jpg 1140w, https://t21.com.mx/wp-content/uploads/2026/03/INPC1QMAR26.jpg 1216w" alt="" width="1024" height="218" data-pin-no-hover="true" /><figcaption id="caption-attachment-671008" class="wp-caption-text"><span dir="auto">Source: Inegi.</span></figcaption></figure>
<h4><strong><span dir="auto">Products that impacted the CPI</span></strong></h4>
<p><span dir="auto">Tomatoes (32.17%), <strong>air transport</strong> (21.86%), <strong>zucchini</strong> (16.78%), <strong>lemons</strong> (13.11 %), <strong>tomatillos</strong> (10.79%), <strong>potatoes and other tubers</strong> (7.77%), </span><strong><span dir="auto">chicken </span></strong><span dir="auto"><strong>(</strong> 3.18%), and <strong>electricity</strong> (2.17%) were the products that showed the greatest price increases during the reference period.</span></p>
<p><span dir="auto">Conversely, the products with the greatest decrease in their cost during the cycle were </span><strong><span dir="auto">nopales</span></strong><span dir="auto"> with 5.49%; </span><strong><span dir="auto">internet, telephone and pay television packages</span></strong><span dir="auto"> with a decrease of 3.47%, </span><strong><span dir="auto">other fruits</span></strong><span dir="auto"> with a decrease of 1.66%, </span><strong><span dir="auto">eggs</span></strong><span dir="auto"> with 1.33% and </span><strong><span dir="auto">pork</span></strong><span dir="auto"> with a decrease of 0.57% on a biweekly basis.</span></p>
<p><span dir="auto">The states with variations above the national average were  </span><strong><span dir="auto">the State of Mexico, Puebla, and Tlaxcala</span></strong><span dir="auto"> . Meanwhile, the states that reported the smallest increases in the first half of March were </span><strong><span dir="auto">Baja California Sur, Chihuahua, and Campeche</span></strong><span dir="auto"> .</span></p>
<p><span dir="auto">According to the Ve por Más Financial Group, the year-on-year variation reached a 10-fortnight high due to pressures in agricultural products and an increase in energy products.</span></p>
<blockquote><p><span dir="auto">“The year-on-year change accelerated for the fifth consecutive reading, the highest in 10 observations. In addition, it had two fortnights above 4%,” he emphasized.</span></p></blockquote>
<p><span dir="auto">Inflation during the period remains above the target set by the </span><a href="https://www.banxico.org.mx/"><span dir="auto">Bank of Mexico (Banxico)</span></a><span dir="auto"> , which is 3% by the end of 2026.</span></p>
<p><span dir="auto">Comment and follow us on LinkedIn:  </span><a href="https://www.linkedin.com/company/t21-grupo-comunicai-n-y-medios/"><span dir="auto">@GrupoT21</span></a></p>
<p>El cargo <a href="https://t21.us/basic-food-basket-prices-skyrocket-inflation-maintains-its-upward-trend-in-the-first-half-of-march/">Basic food basket prices skyrocket! Inflation maintains its upward trend in the first half of March</a> apareció primero en <a href="https://t21.us">T21</a>.</p>
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		<title>Mexico is highly exposed to trade restrictions, warns OECD</title>
		<link>https://t21.us/mexico-is-highly-exposed-to-trade-restrictions-warns-oecd/</link>
		
		<dc:creator><![CDATA[T21 Media]]></dc:creator>
		<pubDate>Wed, 04 Mar 2026 00:27:21 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[INEGI]]></category>
		<category><![CDATA[INFLATION]]></category>
		<category><![CDATA[MEXICAN EXPORTS]]></category>
		<category><![CDATA[NATIONAL CONSUMER PRICE INDEX]]></category>
		<category><![CDATA[OECD]]></category>
		<category><![CDATA[ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT]]></category>
		<category><![CDATA[TRADE RESTRICTIONS]]></category>
		<category><![CDATA[USMCA]]></category>
		<guid isPermaLink="false">https://t21.us/?p=634050</guid>

					<description><![CDATA[<p>Mexico is particularly exposed to trade restrictions, since more than 80% of its exports go to the United States and the integration of the supply chain with this country is deep, considered the Organization for Economic Cooperation and Development (OECD) , which estimated a growth of the Mexican economy of 1.4% for this year and 1.7% for 2027. According [&#8230;]</p>
<p>El cargo <a href="https://t21.us/mexico-is-highly-exposed-to-trade-restrictions-warns-oecd/">Mexico is highly exposed to trade restrictions, warns OECD</a> apareció primero en <a href="https://t21.us">T21</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" src="https://t21.com.mx/wp-content/uploads/2026/03/BID.jpg" /></p>
<p><span dir="auto">Mexico is particularly exposed to trade restrictions, since </span><strong><span dir="auto">more than 80% of its exports go to the United States</span></strong><span dir="auto"> and the integration of the supply chain with this country is deep, considered the </span><a href="https://www.oecd.org/en.html"><span dir="auto">Organization for Economic Cooperation and Development (OECD)</span></a><span dir="auto"> , which estimated a growth of the Mexican economy of 1.4% for this year and 1.7% for 2027.</span></p>
<p><span dir="auto">According to the </span><em><span dir="auto">Economic Study for Mexico 2026</span></em><span dir="auto"> , the organization indicated that the increase in tariffs in the United States has affected exports, especially those in the automotive sector, although it noted that the preferential treatment that Mexico has in the US market under the United </span><strong><span dir="auto">States-Mexico-Canada Agreement (USMCA)</span></strong><span dir="auto"> has helped to maintain the country&#8217;s trade competitiveness.</span></p>
<blockquote><p><span dir="auto">“Mexico’s economy has shown resilience despite high uncertainty and trade barriers,” the OECD highlighted.</span></p></blockquote>
<p><span dir="auto">In December 2025, Mexico consolidated its position as the main trading partner of its northern neighbor, registering an  </span><strong><span dir="auto">exchange of goods worth 70 billion 521 million dollars</span></strong><span dir="auto"> , according to data from the  </span><a href="https://www.census.gov/"><span dir="auto">United States Census Bureau</span></a><span dir="auto"> .</span></p>
<p><span dir="auto">Regarding </span><strong><span dir="auto">private consumption</span></strong><span dir="auto"> , the OECD projected that by 2026 and 2027, this indicator will be supported by the low level of unemployment and the slowdown in inflation.</span></p>
<p><span dir="auto">According to the </span><a href="https://www.inegi.org.mx/"><span dir="auto">National Institute of Statistics and Geography (Inegi)</span></a><span dir="auto"> , private consumption in Mexico decreased 0.5% on a monthly basis in November 2025, although in its annual comparison it registered an increase of 2.8 percent.</span></p>
<p><span dir="auto">The OECD also estimated that inflation will decrease to 3.6% in 2026 and 3.2% in 2027, which is close to the midpoint of the </span><a href="https://www.banxico.org.mx/"><span dir="auto">Bank of Mexico&#8217;s (Banxico)</span></a><span dir="auto"> target range of 3 percent.</span></p>
<p><span dir="auto">It is worth remembering that the National Consumer Price Index (INPC) has shown an upward trend so far in 2016. In the first half of February alone, the overall annual inflation rate in Mexico reached </span><strong><span dir="auto">3.92 percent</span></strong><span dir="auto"> .</span></p>
<p><span dir="auto">The OECD study indicated that </span><strong><span dir="auto">private investment</span></strong><span dir="auto"> will gradually benefit from lower interest rates, &#8220;although it will remain limited by high domestic and global political uncertainty.&#8221;</span></p>
<p><span dir="auto">Regarding </span><strong><span dir="auto">public investment</span></strong><span dir="auto"> , he predicted that it would remain moderate as part of efforts to reduce the fiscal deficit.</span></p>
<blockquote><p><span dir="auto">“To safeguard fiscal sustainability and achieve stronger growth, improving the efficiency of public spending will be essential. A more strategic approach to planning and prioritizing spending is necessary,” he stated.</span></p></blockquote>
<p><span dir="auto">The OECD estimates come in a context of trade uncertainty, framed by a changing tariff policy that Mexico has managed to overcome, consolidating itself as a strategic trading partner in the North American region, due, among other factors, to its skilled workforce and logistics networks.</span></p>
<p><span dir="auto">Comment and follow us on LinkedIn:  </span><a href="https://www.linkedin.com/company/t21-grupo-comunicai-n-y-medios/"><span dir="auto">@GrupoT21</span></a></p>
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<p>El cargo <a href="https://t21.us/mexico-is-highly-exposed-to-trade-restrictions-warns-oecd/">Mexico is highly exposed to trade restrictions, warns OECD</a> apareció primero en <a href="https://t21.us">T21</a>.</p>
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