economy-featured

economy-featured

Analysts sharply raise 2012 inflation outlook

Reuters - Analysts watching Mexico's economy sharply lifted their forecast for inflation this year. They expected a 3.81 percent rise in consumer prices this year, up from a 3.65 percent increase expected in the last monthly poll.

www.reuters.com/article/2012/07/02/mexico-economy-idUSL2E8I234020120702

What Mexico's election means for the drug war

Foreign Affairs - Each of the candidates in Mexico's presidential elections has promised to shift the country's focus from stopping the drug trade to fighting crime, which will not sit well with Washington.

Report says economy will cost PAN the election

EFE - Mexico's poor economic performance since 2000 will seal the defeat of the governing National Action Party, or PAN, in next Sunday's presidential election, a new Center for Economic and Policy Research, or CEPR, report said.

latino.foxnews.com/latino/politics/2012/06/28/mexico-precarious-economy-will-seal-pan-defeat-report-says/

How Mexico used banks to uplift the poor

Global Post - Ever since Mexico's watershed elections in 2000 which ushered in an era of transparent, participatory governance, the country has used its banking system to lift the poor into the middle class and reduce poverty.

www.globalpost.com/dispatches/globalpost-blogs/commentary/mexico-banks-help-poor

Monopolies hold back Mexico's economy

McClatchy Newspapers - Mexico is a country of concentrated economic power, and in some cases outright monopolies. It's an arrangement that limits Mexico's hopes of a thriving economy, chokes its consumers, discourages competition and prevents better products.
www.miamiherald.com/2012/06/18/2855282/monopolies-hold-back-mexicos-economy.html

Private spending picks up pace in first quarter

Reuters - Mexican private spending picked up pace in early 2012, but still-muted domestic demand backs expectations that policymakers will keep interest rates steady through next year. Private spending,rose 1.0 percent during the first quarter.

www.reuters.com/article/2012/06/14/mexico-economy-idUSL3E8HE6N820120614

Backsliding away from free markets in Mexico?

Forbes - The recent decision of Mexico’s anti-monopoly commission, COFECO, to retract the $1 billion fine it announced a year ago against Telcel raises an important question: Has anything really changed in Mexico?

www.forbes.com/sites/realspin/2012/05/31/backsliding-away-from-free-markets-in-mexico/

Finance minister unconcerned about peso volatility

Reuters - Mexico's Finance Minister Jose Antonio Meade said he was not worried by recent volatility in the peso, which has fallen significantly against the dollar in recent weeks.
www.reuters.com/article/2012/05/30/mexico-meade-idUSL1E8GU81320120530

Carstens sees resilient Mexican economy

Reuters - Mexico will experience only a moderate economic hit if Greece leaves the euro and the peso should quickly bounce back from a recent slump without fanning inflation, central bank governor Agustin Carstens said on Monday.

www.reuters.com/article/2012/05/28/us-latam-summit-carstens-highlights-idUSBRE84R0PL20120528

Annual inflation ends three-month decline

Dow Jones - Mexico's annual inflation rose in early May, putting an end to three months of consecutive falls, as a pick up in agricultural costs offset the effects of falling residential electricity prices.

online.wsj.com/article/BT-CO-20120524-709118.html

Syndicate content