INEGI: Manufacting Stats: Mexico factory work-hours -0.3% in Apr on m/m seas adj annualized basis; YTD +0.2%
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29 June 2011
INEGI: Manufacturing Stats - Mexico factory employment +0.91% in Apr on m/m seas adj annualized basis; YTD index +0.5%
Front Page Economista: México Evalúa says security spending has increaseed 7x under Calderon with no transparency, but crime has increased
Front Page Financiero: Economic Slowdown - Mexican economy slowed to 2.4% y/y, weakest rate in 16 months
Front Page Universal: Lagarde Beats Out Carstens French FinMin becomes 1st women to head IMF after Mexico's Carstens loses US backing
Front Page Milenio: Peña Nieto Is Indeed A Threat To Mexico: PAN, PRD - Returning the PRI to the presidenc y risk to democracy, parties say
Front Page Reforma: Bodyguards From The Mist - Violence has created between 8-20k new bodyguard in Mx, most with little or no training
28 June 2011
BANXICO: Monetary base +MXN5.089bln Jun 13-17 to close @ MXN641.795bln, y/y nominal variation of +10.5%; central bank says normal
INEGI: Global Economic Indicator: Stat GDP proxy IGAE +4.2% seas adj annualized m/m in Apr, +4.0% YTD; industry -1.7% Apr, +2.4% YTD
Front Page Financiero: Fewer Cetes In Foreign Hands - In one month through Jun 16, foreign stakes in t-bills fell 27%
Front Page Universal: Narco-Attacks On US Agents Up - CBP say organized crime attacks +200% from 2004 to 2009
Front Page Milenio: Peña Not A Danger To Mexico: Calderon - Enrique Peña Nieto of PRI not a threat, referring to scare campaigns in 2006
Front Page Reforma: Mexico Loses Industrial Force - Manufactured goods exports grew 00-10, but weak internal mkt led to deindustrialization
27 June 2011
Front Page Economista: PAN Will Ask Public Officials To Step Down - Affiliates who want to run for new office must step down next week
Front Page Financiero: Private Sector Calls On Cabinet To Stop Campaigning - Business leaders upset with presidential jockeying by ministers
Front Page Universal: Drug Crime, Addiction Up - Arrests of former up 163% in past decade as Mexicans who've tried drugs from 2.5mn to 4.2mn
Front Page Milenio: PGR Must Disclose Info On 35k Deaths - Federal transparency agency orders Attorney General's Office to open records
Front Page Reforma: Piracy Under Their Noses! - Pirated goods peddled outside the offices of FinMin, SAT, and Federal Attorney General (PGR)
24 June 2011
BANXICO: 1HJun Inflation - Consumer Price Core Index +3.18% v. +3.14% 1HMay; rising processed foods pressures
BANXICO: 1HJun Inflation - Consumer Price Index +3.19% v. +3.25% 1HMay; steep drops in fresh produces prices behind easing
Front Page Economista: Businesses Accept IETU Thru 2013 - FinMin Cordero convinces top execs to accept alt min tax in place until 2013
Front Page Financiero: 2.5mln Unemployed - Open unemployment rate reached 5.2% of workforce in May as economy loses steam
Front Page Universal: FCH: Unaware Of Hank Operation - President denied Morelos PAN Gov. Adame protected, denies knowing of Hank
Front Page Milenio: Calderon To Sicilia: Fighting Crime With Stones, If Necessary - President vows to fight to last breath against narco
Front Page Reforma: Asking Forgiveness - Mtg w/families, drug war opponent Sicilia began with verses from Sabines; Calderon asked for pardon
22 June 2011
INEGI: Retail Index: Seas adj index at 121.1 in Apr v. 119.7 in Mar; YTD increase of +0.5% v. Jan-Apr 2010
INEGI: Wholesales Index: Seas adj index at 111.9 in Apr v. 109.3 in Mar; YTD increase of +0.4% v. Jan-Apr 2010
Front Page Financiero: Mexico Ready For External Shocks: FinMin - Ministry says internal growth robust, principal threat from abroad
Front Page Universal: Familia Boss Falls - Alleged leader of La Familia cartel, Jose de Jesus Mendez, was caught in a roadblock
Front Page Milenio: Federal Police Capture The Monkey - Special forces arrested the drug kingpin known as the Monkey; La Familia Cartel
Front Page Reforma: Monkey Nabbed, Leader Of La Familia - José de Jesús Méndez, head of La Familia Cartel, was arrested in Aguascalientes
21 June 2011
Front Page Economista: Mexico Sells China More Autos Than Oil - For the first time ever, Mexico exports of autos to China exceeded crude oil
Front Page Universal: Subsidies Favor Rich: UN - Mexico Development Program reports that govt subsidies disproportionately benefit rich
Front Page Milenio: I'm Ready For Anything: Hank Rhon - Ex-Tijuana Mayor Jorge Hank Rhon says he is ready to testify and clear name
Front Page Reforma: Teachers Get Passing Grade With 30% - Teachers need to score correctly on only 30% of questions on National Teacher Exam
INEGI: Supply & Demand: Govt consumption +3.02% in Q1 on seasonally adjusted, sequential annualized basis; compares with -0.3% in Q4
INEGI: Supply & Demand: Private consumption +3.58% in Q1 on seasonally adjusted, sequential annualized basis
EL MITOTE: Mexican Consumer Economy Sags: http://ping.fm/f2zO1
20 June 2011
Front Page Economista: Mazda To Invest US$500 million In Salamanca - Japanese carmaker plans huge factory in Guanajuato, 3,000 jobs
Front Page Financiero: IMF raises Mexico GDP - 2011 forecast boosted from 4.6% to 4.7%; 2012 projection held at 4.0%
Front Page Jornada - US$93bln Capital Flight Under Calderon - Deposits in foreign banks soar under Calderon administration
Front Page Universal: In 4yrs, 40,000 Mexicans Seek Asylum - From 2006-10 ~40k requested asylum in foreign nations, according to UN Ref Com
Front Page Milenio: Conago1 Showcases State Police Opacity - In 6 days of national sweep, 3,705 arrests, 1,258 stolen cars recovered
Front Page Reforma: Pemex Frauds Grow - Pemex has been defrauded by 159 companies in current admin; grew from 14 in 2009 to 57 in 2010
13 June 2011
Front Page Economista: CMHN To Invest US$34bln - Top Mexican businesses unveil major domestic spending plans
Front Page Financiero: Peso In 3wk Fall - Among emerging mkt currencies, MXN has been one of the weakest against US$ of late
Front Page Universal: Calderon Bashes PRI In US - At speech, recounts student massacres, disappearances of activists, autocratic rule
Front Page Milenio: Calderon: PRI Is Fraud, Massacres, Abductions - Speaking at Stanford, president throws open closet door on PRI skeletons
Front Page Reforma: Pemex Burns US$300mln In Gas - Pemex violates regulations on natural gas capture at Cantarell, and squandered a fortune
INEGI: Industrial Production Index: Manufacturing +2.9% m/m annualized seas adj in April to 118.98 (2003=100), YTD 2.9%
INEGI: Industrial Production Index: Gas, Water, Power -3.1% m/m annualized seas adj in April to 134.32 (2003=100), YTD +12.0%
INEGI: Industrial Production Index: Mining +1.0% m/m annualized seas adj in April to 97.25 (2003=100), YTD -3.8%; (x-petroleum -8.3% YTD)
INEGI: Industrial Production Index: IP -1.7% m/m annualized seas adj in April to 115.63 (2003=100), YTD +2.4%, peak @ 116.58 in Jan
09 June 2011
BANXICO: Inflation: Core rate, excluding energy prices, @ 3.12% end of May v. 3.18% end of Apr; tortilla prices still pressing higher
BANXICO: Inflation: Annual consumer price index @ 3.25% end of May v. @3.36% end of Apr; seasonal cuts in electricity rates for summer help
Front Page Economista: External Mkt Boosts Autos - Though production, exports up, crime and consumer confidence crise hurt domestic sales
Front Page Excelsior: Gabino Goes After Ulises For Embezzlement - New Oaxaca govt investigating past administration for missing MXN2bln
Front Page Jornada: Jorge Hank Rhon Just Charged On Weapons - Fed Atty Gen Office clarifies that racketeering not alleged, just illegal arms
Front Page Milenio: IFE Goes After Fed Govt For Spots - Publicity campaigns may violate electoral laws
Front Page Reforma: DF Softens Enforcement, Again - Fed Dist govt now extends time for residents to acquire smart-chip card
08 June 2011
Front Page Economista: Peru Govt To Review FTA - New president Humala says his govt will reconsider all free trade accords, including w/Mex
Front Page Financiero: Minimum salary Is Recovering: FinMin: Ernesto Cordero defends statement that wage levels are outstripping inflation
Front Page Jornada: Hank Charged With Organized Crime - Special prosecutor for organized crime brought weapons charges against Jorge Hank
Front Page Universal: PGR Charges Hank - Federal Attorney General filed formal charges against former TJ mayor Jorge Hank Rhon
Front Page Milenio: Cordero Challenges Pena To Debate - FinMin and PAN pre-candidate responds to PRI pre-candidate Pena Nieto criticsm
Front Page Reforma: Cordova Backs Audit - Health Minister announces inquiry into allegations of MXN8bln at ISSSTE public social security
07 June 2011
BANXICO: Monetary base +MXN5.426bln to MXN642.344bln in week ending Jun 3; +10.5% y/y; central bank says money demand remains normal
Front Page Economista: Hank Links To Mafia Probed - PRI politician, businessmanJorge Hank Rhon under investigation for organized crimes
Front Page Financiero: Peru Stock Slump Hits Mexico - Investor pessimism on election of leftist Ollanta Humala slams Peru, hits Mexico Bolsa
Front Page Jornada: Minimum Wage Purchasing Power Up: Cordero - FinMin says for first time in decades minimum pay scale grows in real terms
Front Page Universal: Hank Investigated For Organized Crime - Former PRI Tijuana Mayor Jorge Hank held for another 96 hours pending charges
Front Page Milenio: Hankazo Doesn't Help Bravo - PAN Edomex gov candidate fell in polls from 15.4% to 13.1% despite scandal linked to PRI
Front Page Reforma: Embezzlement Charged In ISSSTE - Civil servants union says federal bureaucrat social security institute defrauding them
06 June 2011
INEGI: Public Security Perceptions Index: Falls from 95.5 in Apr to 95.1 in May (Apr 2009=100); uptick in expectations for natl conditions
INEGI: Current Economic Index: Business cycle tracker +0.16% m/m seas adj in Mar; at 100.9 remains just above 100pt threshold for expansion
INEGI: Leading Economic Index: Business cycle predictor +0.09% m/m seas adj in Mar; at 101.3 (>100) forecasts near-term economic growth
Front Page Financiero: Hank Rhon Without Political Motives: Cordero - FinMin Cordero says arrest of former TJ pol not connected to elections
Front Page Jornada: Guns Planted In My House: Hank - Ex-TJ Mayor Jorge Hank Rohn claims arms stash planted as part of govt political plot
Front Page Universal: Top Bureaucrats Enjoy Plush Benefits - Cabinet members, Supreme Court justices, receive fringe benefits worth $350k/yr
Front Page Reforma: Violence Repels Resources - Violence in some states and municipalities to hurt 2012 revenue the fed govt receives there
05 June 2011
Alleged Zetas Weapons Stash Discovered in Mexico http://ping.fm/9Ra1b
02 June 2011
BANXICO: Economists surveyed in May see year-end 2011 peso exchange rate of 11.89 MXN/US$, v. 12.00 from Apr survey
BANXICO: Economists surveyed in May see ave. 2011 consumer demand and private investment +4.6% and +5.9%, v. +4.7%, 5.7% from Apr survey
INEGI: Manufacturing Orders Index (IPM): Index -0.67pts in May, 2nd drop in 3mo, but remains above 50pt threshold (indicating sector growth)
Front Page Economista: Cost Of New Jobs +22% - From 2000 to 2010 Mexico rose taxes on labor market by 22%, most among OECD: IMCO study
Front Page Financiero: Private Sector Fears Insecurity - For 4th straight month, central bank survey finds crime top concern of analysts
Front Page Excelsior: World Leaders Call For Pot Decriminalization - Global commission finds drug war costly and ineffective
Front Page Universal: Insecurity Brakes Economy: Experts - Monthly survey by Bank of Mexico finds 3 of 10 analysts say crime hurting growths