Manufacturing in Mexico – Industry News

Mexico Economy

UPDATE 2-Mexico Annual Inflation Eases in First Half of March

Mexican price pressures were muted in the first half of March with annual inflation lower than at the end of February and investors expecting the central bank to keep rates on hold through the year.  Inflation in the 12 months through mid-March was 3.72 percent, remaining below the 4 percent annual inflation target ceiling and easing from the 3.87 percent rate in the year through end-February.  Read more:

Mexico Annual Inflation Eases in First Half of March

MEXICO: Out of the Shadows

Mexico’s economy is looking not only solid but even healthy. Growth last year reached a respectable 3.9%, and is on track for a similar performance this year. “The moment has come to change our perception of Mexico.  The reality is that many macro figures place Mexico in a better place than the US,” stated Richard Fisher, CEO of the Federal Reserve Bank of Dallas and part of the Federal Open Market Committee (the Fed’s principal monetary policymaking group)  Read more:

Mexico: Out of the Shadows

Mexico Industrial Output Rises at Fastest Pace Since May

Mexico’s industrial production rose at the fastest annual pace in eight months in January, beating all 16 forecasts in a Bloomberg survey of economists. Output climbed 4.2 percent from the year earlier and 0.8 percent from December, the national statistics agency said on its website today. Production was expected to decline 0.1 percent in the month, according to the median estimate of nine economists surveyed by Bloomberg.  Read more:

Mexico Industrial Output Rises

Dollar Falls Versus Higher-Yield Currencies on Strong Manufacturing Data

The dollar depreciated against all but one of its most-traded counterparts as reports showed manufacturing from China to the U.S. expanded in February, increasing speculation that global growth is on the mend. Mexico’s peso and the Australian dollar were among the biggest winners of the 16 major currencies on demand for higher- yielding assets. Read more:

Dollar Falls Versus Higher-Yield Currencies on Strong Manufacturing Data

Mexican Peso Rises Most in Four Weeks on Global Growth Optimism

Mexico’s peso rose the most in four weeks as mounting optimism about global economic growth spurred demand for higher-yielding, emerging-market assets.  The peso advanced 2.3 percent to 13.3708 per U.S. dollar as of 5 p.m. New York time, from 13.6752 on Oct. 21, for the biggest gain since Sept. 23. The Bloomberg JPMorgan Latin American Currency Index rose 1.6 percent.  Read more:

Mexico Peso

Latin America to Grow 4.2% in This Year, 4.1% Next Year

Latin America’s largest economies are still expanding, although the rate of growth is slowing across all countries, according to the Manufacturers Alliance/MAPI. The report focuses on Latin America’s three largest economies: Brazil, Argentina, and Mexico. As these countries are responsible for more than 80% of the manufacturing output in the region. Read more:

Latin America to Grow 4.2% in This Year, 4.1% Next Year

Mexico’s Economy on Track Due to Strong Foreign Direct Investment

Foreign direct investment (FDI) in Mexico rose to $4.8 billion in the first quarter of 2011, an increase of 10.5 percent from the same period in 2010, according to Mexico’s Ministry of Economy. Foreign companies increased investments in Mexican business projects by 13 percent in the early months of 2011. Read more:

Mexico Economy on Track

IMD Competitiveness Report Ranks Mexico Second Most Competitive Economy in Latin America

The International Institute for Management Development (IMD) has ranked the Mexican economy the second most competitive in Latin America, according to IMD’s 2011 World Competitiveness Yearbook (WCY).

Mexico: 2nd Most Competitive Economy in Latin America

Cordero Says Mexico’s 2011 GDP May Expand Up to 5% on Domestic Consumption

Mexico’s government is raising its forecast for growth this year, betting that rising domestic demand will allow the economy to maintain momentum after the strongest expansion in a decade last year. Read more:

Mexico’s 2011 GDP

Mexico’s Economy Expands at Fastest Pace in a Decade as Growth Hits 5.5%

Mexico’s gross domestic product expanded last year at the fastest pace in a decade as Latin America’s second-biggest economy recovered from a 2009 recession provoked by the global financial crisis.  GDP, the broadest measure of a country’s output of goods and services, grew 5.5 percent last year, the most since 2000, the national statistics agency said on its website.  Read more:

Mexico Economy Expands