INEGI: Global Economic Index: GDP proxy IGAE booms +11.2% in Jul (seas adj annualized), annualized trendline at +4.5%, YTD at +5.3%
Mexico Watch Intelligence Service
The leading intelligence blog for analysis on business, politics, finance, and the economy for Mexico. Thousands of diplomats, analysts, investors, government officials and top executives with responsibilities - direct or otherwise - relied upon the Mexico Watch Intelligence Service for nearly 20 years. Publication of that service was suspended in 2009, but this blog remains in publication and free to read. Contact us for information on our research and consulting services.
28 September 2011
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
01 September 2011
Front Page Economista: Sensitive Sectors To Have Protection - Feds agree to keep some import safeguards in place to avoid Chinese dumping
Front Page Financiero: Global Turmoil Marks Fifth Anniversary - Calderon's fifth year was embroiled by world finance, US, Euro debt crises
Front Page Universal: Growth, Jobs Down Under Calderon - In first five years, meager economic growth and feeble employment set the scene
Front Page Milenio: Mayor Washes Hands Of Brother - Monterrey mayor says ignorant of brother's casino dealings, will order investigation
Front Page Reforma: Larrazabal Paid After Threats - Armed men visited casino 5 days before Monterrey mayor's brother collected cash
BANXICO: Consensus Survey: 28% of economists see external weakness as biggest threat to growth; 23% name crime; 20% global fin instability