14 November 2011

ELECTIONS: PRI candidate Fausto Vallejo holds 35.38% of popular vote v. PAN's Luisa Maria Calderon Hinojosa with 32.68%; PRD trails @ 28.89%

ELECTIONS: With 99% of votes counted, PRI candidate Fausto Vallejo beating PAN's Luisa Maria Calderon Hinojosa in race for Michoacan gov

11 November 2011

ALERT: Mexican Government Minister Francisco Blake Mora dies in helicopter crash

01 November 2011

BANXICO: Oct Survey: Analyst consensus sees peso at 12.96 year-end 2011 v. 12.62 forecast in Sep; seen at 12.82 end of 2012 v. 12.63 prev

BANXICO: Oct Survey: Analyst consensus sees benchmark overnight rate falling through Q312 before central bank hikes v. Q112 prev

BANXICO: Oct Survey: Analyst consensus sees inflation at +3.30% in 2011 v. +3.34% forecast in Sep; seen at +3.63% in 2012 v. +3.66% prev

BANXICO: Oct Survey: Analyst consensus sees GDP at +3.72% in 2011 v. +3.77% forecast in Sep; seen at +3.24% in 2012 v. +3.50% forecast prev

24 October 2011

INEGI: Inflation: 1H Oct core consumer price index +0.20% v. end of Sep; annualized core inflation stands at 3.22%

03 October 2011

INEGI: Manufacturing Orders Index: IPM @ 52.7 in Sep v. 54.3 in Aug; score >50 indicates sector growth going forward, but rate may slow

BANXICO: Consensus Survey: Sep economist poll sees 2011 FX rate @ 12.62 pesos/US$ v. 12.12 in Aug poll; 2012 FX 12.63 v. 12.43

BANXICO: Consensus Survey: Sep economist poll sees 2011 headline inflation @ 3.34% v. 3.52% in Aug poll; 2011 core inflation @ 3.31% v 3.44%

BANXICO: Consensus Survey: Sep economist poll sees 2011 GDP @ 3.77% v. 3.81% in Aug poll; 2012 GDP down to 3.5% v. 3.57%

Front Page Economista: Depreciation Does Not Slow Credit - Consumer credit up 15.4% annualized in Aug, led by credit cards, personal loans

Front Page Financiero: Historic Peso Depreciation - Global uncertainty hit hard, peso registers record monthly fall against dollar in Sep

Front Page Universal: Ebrard: Suicide, To Divide Left - Mex City mayor warns that a national poll to determine candidate could harm party

Front Page Milenio: AMLO Will Bow Out Without Backing - López Obrador tells rally if a better candidate unifies the left, he will step aside

Front Page Reforma: PF Agents Named In Coke Bust - Federal police control cocaine in Mexico City airport say flight attendants held in Spain

28 September 2011

INEGI: Global Economic Index: GDP proxy IGAE booms +11.2% in Jul (seas adj annualized), annualized trendline at +4.5%, YTD at +5.3%

Front Page Economista: FCH Announces Open Skies - President Calderon says admin working on liberalization for foreign airline carriers

Front Page Universal: Supreme Court Divided On Abortion Debate - Overturning protection on prenatal life in Baja Cal needs 3 more votes

Front Page Milenio: Zambrano: PRI Wants To Divide PRD - Leftist party chief says PRD will close ranks once 2012 prez candidate is selected

Business Reforma: Foreign Airlines Gain - Supply of seats on domestic flights -6.1% in Aug 2011 v. Aug 2010, while foreign carriers +18.5%

Front Page Reforma: Violence Migrates - Chihuahua, Sinaloa and Baja California no longer most violent; now Guerrero, Veracruz and Nuevo Leon

27 September 2011

Front Page Economista: Calderon Urges APPs For Freeways - President presses Congress to approve public-private association law for new hwys

Front Page Financiero: Global Uncertainty Slows Budget - Chamber Fin. Com. says FX, oil price, GDP estimates for budget planning should wait

Front Page Universal: Calderón Jumps In Abortion Debate - Bill sent to Senate to modify San Jose Pact regarding protecting life

Front Page Milenio: Calderón Chimes In On Abortion Debate - President affirms right-to-life beliefs, and proposes to modify San Jose Pact

Front Page Reforma: Los Pinos Overshoots Spending By 28% - The Office of the President has spent MXN11.8bln through 2010, more than approved

13 September 2011

INEGI: Industrial Activity: Headline index +6.3% in Jul on m/m seas adj annualized basis; +3.9% YTD in Jul

Front Page Economista: States' Procurement Corrupt, Opaque - Sinaloa only state that not plagued with lack of transparency, corruption

Front Page Universal: Bureaucrat Pay Spikes - 2012 budget proposal raises current spending, mostly for salaries, and cuts infrastructure

Front Page Milenio: Criminals Won't Get A Pass - Struggle must continue under next prez, says Calderon, calls for candidate proposals

Front Page Reforma: Mexico Third In 'Ninis' - 3rd highest # of youths from 15-29 that neither work nor study in OECD after Turkey, Israel

08 September 2011

INEGI: Inflation: 2nd half of August consumer price index flat, headline annual rate at tame +3.42%; food, drink, tobacco subindex @ +6.19%

Front Page Economista: Mexico Up In Competitiveness Ranking - Number 58 worldwide an improvement of 8 rungs from last year in WEF ranking

Front Page Financiero: "Inertial" 2012 Budget - Next year's plan, due in Congress today, will not significantly changes taxes or spending

Front Page Universal: 8 Casino Czars - 8 consortia control the legal gambling business in Mexico; most licenses by ex-Segob Roberto Correa

Front Page Milenio: Carstens Augurs Low Growth, Tough Times - Central bank Agustin Carstens says Mexican ship is seaworthy, but sea is rough

Front Page Reforma: Ebrard Had Rosi Bueso On Payroll - Mexico City mayor's new girlfriend was earning MXN56k/mo. on city payroll last year

05 September 2011

INEGI: Consumer Confidence Index: Headline indicator -1.3% in Aug to 92.5 (2003=100), giving back summer gains; forward perspectives decay

Front Page Economista: Tax Intake Increases 17% - Measures to tax cash economy have boosted those revenues by 47%, Informe claims

Front Page Universal: Carteles Betting On Narco-Tunnels - US says smugglers increasingly use tunnels as border security tightens

Front Page Milenio: Dangerous, Retake Los Pinos Without Project - PRI prez hopeful says party needs government vision before deciding ticket

Front Page Reforma: Royale Owner Fears For Life - Raúl Rocha said fled to exile for safety, will return to give statement under security

02 September 2011

INEGI: Manufacturing Orders Index: Seas adj indicator -2.33% to 52.29 in Aug v Jul, biggest m/m drop since Jan 09, but > 50 signals growth

Front Page Economista: Last Call For Reforms - Emilio Chuaffet, president of Mexican Congress, says all parties willing to achieve consensus

Front Page Financiero: Insufficient Progress - Calderon - State of the Union report cites lack of growth, justice, security, equality

Front Page Universal: Cops Linked To Casino Attack - Nuevo Leon agent arrested for conspiring with arson murder

Front Page Milenio: Nuevo Leon, In Anarchy: Cemex, Femsa - Top industry titans say smuggling hub is under control of organized crime

Front Page Reforma: Mayor Distances, But Lends House - Monterrey mayor has claimed ignorance of brother's casino ties, but owns his home