Mexico

2018 brought two-fold experiences to the Mexican retail and wholesale industry. On one hand household expenditure increased as inflation was tamed, and the unemployment rate continued declining, benefiting disposable income growth and the industry’s ...

Mexican Government revenue continued to expand in 2018, driven by greater tax collection and increased borrowing. The year was marked by on-going economic growth in Mexico, fuelled by rising services and agricultural sectors, as well as still strong ...

The hotels industry is set to see double-digit growth in 2019, primarily fuelled by growing demand for accommodation from domestic trips and international arrivals. The Mexico Government continued to launch promotional campaigns such as “Viajemos ...

The industry witnessed a healthy rate of expansion in 2018, as a result of stronger private consumption. Historically low unemployment, rising wages and record high remittances from foreign-working Mexicans were the main contributors to improving ...

The Mexican leisure sector developed at a healthy expansion pace in 2018. As unemployment continued decreasing and the inflation level was tamed, the economic environment provided the necessary conditions for higher discretionary spending share ...

The Mexican education industry expanded in 2018, due to rising enrolment rates as well as increasing education funding in line with the growing economy. However, education expenditure per student remains one of the lowest among OECD economies. ...

The revenue of Mexican healthcare and social service providers maintained a steady rise in 2018, mainly on the back of strong household spending. Consumers gained from a brighter economic landscape, with declining unemployment and easing inflationary...

Mexican demand for transportation and warehousing continued to increase in 2018, thanks to growing foreign trade activities. General exports increased at a double-digit rate in 2018, in this way lifting need for goods transportation services. ...

Mexican financial and insurance companies continued to perform well in 2018, thanks to increasing economic activity in the country, which stimulated demand for business and consumer lending. During the year, Mexican economy was positively influenced ...

Mexico’s housing market maintained growth momentum in 2018 amid the central bank’s decision to hike its key rate twice during the year to 7.75% – the highest rate in more than nine years. Growth was partly fuelled by better economic conditions and ...

Mexican enterprises maintained a healthy rate of expansion in 2018, fuelling spending on business services in the country. The agriculture and services sectors were the core drivers of growth, while export-oriented sectors also performed well due to ...

The Mexican information and communications industry carried on a growth path during 2018. The country’s ICT companies primarily generated higher revenue from growing adoption of digital solutions in the corporate sector, and the rising popularity of ...

Despite escalating trade tensions between Mexico and the north of the border, local equipment producers benefited from double-digit export growth in 2018. Export gains were fuelled by a weakened Mexican peso that made exports even more competitive, ...

Hi-tech goods production in Mexico grew further in 2018, although the rate declined to single-digits for the first time in four years. The industry was benefitting from the developing local economy, and demand for electronics both in the household ...

After the record performance over the last five years, Mexico’s automotive industry showed slower growth in 2018. In volume terms car production shrank by 0.6% to 3.9 million vehicles in 2018, despite the fact that car exports grew by 6% in volume ...

Following a slower year, the industry returned to stronger growth in 2018, facilitated by soaring drug and medical equipment exports, especially to the USA. Although the environment was challenging within the US market in light of intensifying ...

Household goods production in Mexico accelerated in 2018. Strong Mexican household consumption was one of the key reasons for the industry’s growth, while exports saw a mediocre performance, due to rising protectionism in the region. Local consumers ...

Producers of non-metallic mineral products experienced revenue growth in 2018, primarily driven by booming cement prices and supported by increased demand from growing residential, industrial and commercial construction activity. Preliminary ...

The reviewed industry recorded weaker growth in 2018, mostly as it was impacted by slower growth of the domestic B2B market. The year in Mexico was characterised by new general elections, held in mid-2018, and renegotiation of the NAFTA trade deal, ...

The forestry, wood and paper industry revenue continued to advance at a solid pace in 2018. Growing sales to the domestic market in light of greater demand for paper packaging materials was a key driver, thanks to an expanding transport and logistics...