The IMEF Manufacturing Indicator for Mexico decreased 0.7 points in April to 50.3 units, thus remaining in the expansion zone for the second month. The trend-cycle series of the IMEF Manufacturing Indicator increased 0.3 points to close at 50.7 units, placing it in the expansion zone for the
Avocado exports from Mexico grew in terms of value and volume in the first quarter of 2021, according to data from the Bank of Mexico. From the outset, these external sales were for 957 million dollars in the first quarter, an annual increase of 3.9%. Measured by volume,
Industrias Peñoles reported that it reduced its field exploration operations due to the Covid-19 pandemic. With year-on-year sales growth in the first quarter of 2021, to $ 1.548 billion, the company is a mining group with integrated operations for the smelting and refining of non-ferrous metals and the
The peso starts the session unchanged from Friday’s close, trading around 20.25 pesos per dollar, with the exchange rate touching a low of 20.1923 and a high of 20.3171 pesos. Optimism is observed in global financial markets due to the confirmation of a more accelerated economic recovery in
The Tax Administration Service (SAT) increased seizures in Mexican customs related to Intellectual Property (IP). Regarding the application of intellectual property at the border, the SAT initiated 642 cases in 2020, compared to 541 cases in 2019, As a result, seizures totaled 8.82 million items in 2020, compared
The State Department announced on Friday the blocking of shrimp exports from Mexico to the United States. First of all, the United States suspended Mexico’s certification, arguing that the Mexican sea turtle protection program is no longer compatible with that of the United States. On the contrary, the