27 July 2011

INEGI: Global Economic Index: May IGAE Agriculture Sub-Index +10.1% seas adj annualized from Apr, +3.7% on 4mo rolling basis, +6.5% YTD

INEGI: Global Economic Index: May IGAE Industry Sub-Index +14.3% seas adj annualized from Apr, +2.6% on 4mo rolling basis, +5.9% YTD

INEGI: Global Economic Indicator: May GPD Proxy IGAE Service Index +3.7% seas adj annualized from Apr, +8.8% on 4mo rolling basis, -6.6% YTD

INEGI: Global Economic Indicator: May GPD Proxy IGAE Index +12.3% seas adj annualized from Apr, +4.15% on 4mo rolling basis, +5.7% YTD

Front Page Economista: US Debt Duel Creates Risk For Mex - Prez Calderon warns of capital flight, spikes in interest rates, and peso trouble

Front Page Universal: Fast & Furious Armed El Chapo - Head of ATF in Mexico testifies that rogue operation armed Sinaloa Cartel: "Repugnant"

Front Page Milenio: Navy: Narco Uses NGOs - Navy Minister says human rights organizations who claim abuse by soldiers are puppets of cartels

Front Page Reforma: Federal Police Attack Juarez Cops - Fed-local tension spiked in Ciudad Juarez after police chief says fired on by feds

26 July 2011

BANXICO: Money supply -MXN6.700bln to MXN641.236bln in week ending Jul 22, annual var. of +9.4%, cen bank says congruent with normal demand

BANXICO: International reserves +US$1.658bln to US$123.814bln in week ending Jul 22

INEGI: TRADE: Imports +0.87% from May to Jun seas adj; YTD thru Jun imports +19.1% to US$167.9bln; trade surplus of $3.3bln accumulated

INEGI: TRADE: Exports +0.99% from May to Jun seas adj; YTD thru Jun exports +21.3% to US$171.3bln (ex.oil +17.6% to US$143.4bln)

Front Page Economista: Airports Moving International Cargo - Volume of air cargo rises in 1H11, especially in manufacturing states

Front Page Financiero: 11mln Jobless - Large population willing to work but cannot find employment creates labor market pressure

Front Page Universal: Obama: Zetas Global Threat - US puts Cartel on list of international crime gangs w/ Italian, Japanese, Russian mobs

Front Page Milenio: Ebrard To Elba: No To Panal - Mexico City Mayor rebuffs backing of Teachers Union leader and her Panal political party

Front Page Reforma: Pirates Winning Battle - Federal Attorney General's Office confiscates 10k pirate CDs, DVDs daily, but 1.6mln/day enter

25 July 2011

Front Page Financiero: Solid Protection: Calderón - President says Mexico no immune, but very buttressed against international economic woes

Front Page Universal: Urban Poverty Grows - In purchasing power terms in past 3yrs working poor worse in cities than in rural areas: Coneval

Front Page Milenio: Teachers Union President Backs Ebrard - Elba Gordillo backs Mexico City Mayor Marcelo Ebrard for 2012 president

Front Page Reforma: Center Outpaces Center - In the past 6yrs, 6 of 10 fastest-growing state economies have been in center of the country

22 July 2011

INEGI: Inflation: Consumer inflation ticks up to 3.53% in 1HJul v 2HJun as fresh foods spike; underlying (core) stable at 3.18% v. 3.17%

INEGI: Tourism Index: New indicators of Quarterly Tourism Activity (ITAT); Tourism GDP -0.4% in Q410 v Q409; FY10 v. FY09 +2.2% real terms

Front Page Financiero: Lawmakers Freeze Extra - Promise of extraordinary summer legislative period appears to be shelved in freezer

Front Page Jornada: Mexican Cardinal Juan Sandoval Íñiguez sought US aid to block AMLO: WikiLeaks - US Vatican Embassy cable reveals request

Front Page Universal: Narco Lab Destruction +700% In 2yrs - In 2010, military razed 151, YTD July 2011 109 have already been destroyed

Front Page Reforma: Unemployment Breaks Record - Joblessness rate rose to 5.74% seas adj in July, highest since Sep 2009

21 July 2011

INEGI: Urban open unemployment rate rises to 6.39% in Jun from 6.31% in May, seas adj; highest YTD

INEGI: Open unemployment rate rises to 5.74% in Jun from 5.58% in May, seas adj; highest rate since Sep 2009

19 July 2011

BANXICO: Monetary base up MXN6.861bln week ending Jul 15 to MXN647.937bln; y/y nominal increase of 9.5% called "normal"

BANXICO: Foreign reserves up US$298mln week ending Jul 15 to US$131.156bln

Front Page Jornada: Cisen: Narco, Poverty, Youth Discontent Top Threats - National security agency names issues as leading national risks

Front Page Universal: PAN Pacts Times, List - Six potential candidates, party brass agreed process to speed primary process to three choices

Front Page Milenio: PAN In No Hurry To Pick Candidate - Party says 2012 presidential candidate aspirants may bow out whenever they please

Front Page Reforma: Violence Spooks Riders - Over past year, crime in some states has led to drops of up to 20% in highway bus passengers

18 July 2011

Front Page Jornada: Tourism In Worst Crisis In Two Decades - Deterioration of tourism activity worse than US financial crisis or Swine Flu

Front Page Universal: PRI Shields Self From "Dirty War" - Party officials vow to combat mudslinging campaigns against candidates

Front Page Reforma: Airports In Crisis - 3.5yrs after airport construction boom, facilities now seeing under-utilization rates of up to 98%

12 July 2011

BANXICO: Central bank say week ending Jul8 monetary base +MXN2.719bln to MXN641.075bln; y/y variation +9.4%; Banxico calls var normal

BANXICO: Central bank say week ending Jul8 foreign reserves +US$1.655bln to US$130.858bln

INEGI: Industrial Activity: Construction (Specialized) Sub-Index +1.4% in May11 m/m seas adj annualized; YTD +4.8%; -5.8% from historic high

INEGI: Industrial Activity: Construction (Engineering) Sub-Index +5.0% in May11 m/m seas adj annualized; YTD -2.5%; -1.1% from historic high

INEGI: Industrial Activity: Construction (Building) Sub-Index +7.0% in May11 m/m seas adj annualized; YTD -6.0%; -15.6% from historic high

INEGI: Industrial Activity: Construction IA Sub-Index +2.8% in May11 m/m seas adj annualized; YTD -2.9%; -5.9% from historic high

INEGI: Industrial Activity: Mining (ex: petroleum/gas) Sub-Index +0.3% in May11 m/m seas adj annualized; YTD +5.1%; -0.2% from historic high

INEGI: Industrial Activity: Mining IA Sub-Index +1.8% in May11 m/m seas adj annualized; YTD +1.0%; -6.8% from historic high

INEGI: Industrial Activity: Manufacturing IA Sub-Index +12.8% in May11 m/m seas adj annualized; YTD +3.4%; new historic high

INEGI: Industrial Activity: Headline IA Index +14.3% in May11 m/m seas adj annualized; YTD +1.9%; physical index @ new historic high

INEGI: Gross Fixed Investment: Construction Index +5.6% m/m seas adj annualized in Apr11; -0.2% YTD; -5.4% since 2008 peak

INEGI: Gross Fixed Investment: Imported M&E Index +47.5% m/m seas adj annualized in Apr11; +36.2% YTD; -15.3% since 2008 peak

INEGI: Gross Fixed Investment: Domestic M&E Index +18.0% m/m seas adj annualized in Apr11; -12.3% YTD; -5.0% since 2008 peak

INEGI: Gross Fixed Investment: Machinery & Equipment Index +27.8% m/m seas adj annualized in Apr11; +23.3% YTD; -13.3% since 2008 peak

INEGI: Gross Fixed Investment: Headline Index +18.3% m/m seas adj annualized in Apr11; +8.4% YTD; -7.9% since 2008 peak

Front Page Financiero: Tourism Income Plunges - Foreign tourism revenue YTD to May @ US$5.2bln, -5.9% from same period of 2010

Front Page Universal: U.S. To Regulate Arms Sales On Border - Dept. of Justice issues rules to govern assault rifle sales in CA, AZ, NM, TX

Front Page Milenio: Creel Leaves Senate For 2012 Presidential Race - Sen. Santiago Creel of PAN stepped down to focus on campaign

Front Page Reforma: Billboard Removal Irregularities - From 08-10 Fed Dist spent MXN57mln to remove billboards, but at least 70 are still up

08 July 2011

BANXICO: Central bank maintains overnight lending rate at 4.5% at monetary policy meeting, says external and internal demand weakening

07 July 2011

BANXICO: June Inflation: Core consumer price index +0.19% from May to June; annualized 3.18% v. 3.12% last month

BANXICO: June Inflation: Headline consumer price index flat from May to June; annualized 3.28% v. 3.25% last month

Front Page Economista: Supreme Court OKs Tourism Expo Move - Acapulco had sought to enjoin federal government's decision to move famed expo

Front Page Financiero: Calderon Admits To Pact - President says Miguel Yunes named to head ISSSTE in exchange for Teacher Union backing

Front Page Universal: UN Warns On Security Law - UN Human Rights commissioner said human rights violations should be tried in civil courts

Front Page Milenio: Peña Nieto Urges PRI To Align Toward 2012 - Edomex governor calls on party to pick single presidential candidate now

Front Page Reforma: Intervene In ISSSTE Accounts - Congress ordered Attorney General, feds to investigate ISSSTE embezzlement charges

06 July 2011

NARCO: Jesús Enrique Rejón Aguilar, co-founder and #3 in Los Zetas Cartel, arrested; says supplies from Guatemala, distrusts Colombians

NARCO: Jesús Enrique Rejón Aguilar, co-founder and #3 in Los Zetas Cartel, arrested; says Gulf Cartel has better access to smuggled US arms

NARCO: Jesús Enrique Rejón Aguilar, co-founder and #3 in Los Zetas Cartel, arrested; says murder of ICE agents in Feb was mistaken identity

Front Page Economista: Mexicana Loses Suitors - Airline nears bankruptcy after financing talks fail between bailout investors, govt

Front Page Financiero: Credit Cards Soar - Annual fees up 12.7% YTD through April

Front Page Universal: Yunes: Elba Sought ISSSTE Plunder - Head of Teachers Union Elba Esther Gordillo rejects corruption charges

Front Page Milenio: Ebrard Blames Encinas For Edomex Collapse - Mexico City mayor fingers candidate for loss in Edomex governor elections

Front Page Reforma: Elba Asked MXN20mln Monthly! Ex-head of ISSSTE Miguel Yunes charges Teach Union Pres. Elba Esther Gordillo w/corruption

INEGI: Public Security Perceptions: Headline index @ 99.5 in Jun (Apr 2009=100); up sharply from 95.1 in May; highest level in more than 1yr

INEGI: Leading Index: Apr +0.00% m/m seas adj to 101.2; ends 8 mos of increases; result still > 100 indicates near-term expansion of economy

INEGI: Current Index: Apr +0.11% m/m seas adj to 100.9; continues upward trend; result > 100 indicates expansion of economy

INEGI: Consumer Confidence Index: Jun confidence +1.66% from May m/m seas adj, biggest jump YTD; headline index @ 92 (2003=100)

04 July 2011

INEGI: Manufacturing Orders Index: IPM +0.48% on seas adj basis from May to June; stands at 53.3; result >50 points to continued expansion

Front Page Financiero: PRI Sweeps - Wins voting in State of Mexico, Coahuila, Nayarit, Hidalgo, en route to recover Los Pinos, party says

Front Page Universal: A PRI Sweep - Eruviel Ávila cleans up in Edomex with 62% of vote, outstripping PRD with 21% and PAN with 13%

Front Page PRI: PRI Revives 'Carro Completo' - Wins statehouses in Edomex, Coahuila and Nayarit; wins all but 10 municipalities in Hidalgo

Front Page Reforma: PRI Crushes Opponents - In the penultimate stop before 2012, PRI crushed PAN & PRD in Edomex, Coahuila and Nayarit

01 July 2011

BANXICO: Consensus Survey: Private economists see 2011 inflation @ +3.56% v. +3.67% in June survey; core inflation seen at +3.51% v. +3.56%

BANXICO: Consensus Survey: Private economists see 2011 GDP +4.31% v. +4.37% in June survey; 2012 seen at +4.14% v. +4.18%

Front Page Financiero: Gas Subsidies Rise - 2011 gasoline, diesel subsidies to hit MXN169bln as global prices increase import costs

Front Page Universal: New Kidnapping Measures - Special task forces, sequester of kidnappers in prison system, new databases among actions

Front Page Milenio: New Anti-Funding Formula - Security Council set a state funding mechanism based on results, police effectiveness

Front Page Reforma: Judge Suspended - Judicial oversight committee suspended federal judge Álvaro Tovilla, investigated for corruption