Mexico Economy

Mexico’s gdp growth annual decreased to -8.6 by -54.01% on May 2020 from -18.7 in the previous Quarterly. On a year on year basis Mexico’s gdp growth annual decreased by -637.5%. Mexico’s gdp growth annual trend is down since the current value of -8.6 is lower than the 12 month moving average of -1.58333.Mexico’s inflation cpi decreased to 3.33 by -18.58% on November 2020 from 4.09 in the previous Monthly. On a year on year basis Mexico’s inflation cpi increased by 12.12%. Mexico’s inflation cpi trend is down since the current value of 3.33 is lower than the 12 month moving average of 3.37.Mexico’s unemployment rate decreased to 4.4 by -6.38% on November 2020 from 4.7 in the previous Monthly. On a year on year basis Mexico’s unemployment rate increased by 29.41%. Mexico’s unemployment rate trend is down since the current value of 4.4 is lower than the 12 month moving average of 4.36667.

Mexico Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
S&P/BMV IPC IPC 50035.2 1 1 1.17184 72.7267 1.21 -0.27 3.19 0.05078
Mexico Capped ETF EWW 47.42 1 0.75 1.24414 61.1076 -0.96 0.62 0.94 -0.0555
Mexican Peso US Dollar (MXN/USD) MXNUSD 20.15 0.5 -0.5 -1.00008 43.5654 1.36 -0.21 1.18 0.05808
Mexico 10-Year Bond Yield MX.10Y 6.86 -0.5 -1 -1.44609 35.4716 -0.15 0.07 1.63 -0.23246
Mexico 5-Year Bond Yield MX.5Y 6.14 0 -1 -1.10189 40.3311 -0.32 3.28 11.64 -0.33234
Mexico 2-Year Bond Yield MX.2Y 5.42 -0.5 -1 -0.96897 43.6639 -1.99 12.92 14.11 -0.39915
Mexico Yield Curve MX.YC 1.44 -0.5 -0.5 0.18605 43.9583 21.01 -24.8 -25 -5.5
Mexico Credit Default Swaps CDS.Mexico 97.5 -1 -0.75 -0.97821 37.0111 3.17 0.78 5.41 0.04479

S&P/BMV IPC closed up by 0.0117% to 46729.3 on 23 January 2021 and +0.06042% on a weekly basis. S&P/BMV IPC momentum was last calculated at +1.0/100 indicating positive momentum. S&P/BMV IPC trend is +1.0/100 indicating a positive trend. S&P/BMV IPC momentum exhaustion is 1.17184 indicating S&P/BMV IPC is oversold.Mexico Capped ETF closed up by 0.00554% to 43.57 on 23 January 2021 and +0.02469% on a weekly basis. Mexico Capped ETF momentum was last calculated at +1.0/100 indicating positive momentum. Mexico Capped ETF trend is +0.75/100 indicating a positive trend. Mexico Capped ETF momentum exhaustion is 1.24414 indicating Mexico Capped ETF is oversold.Mexican Peso US Dollar (MXN/USD) closed up by 6e-05% to 19.8822 on 23 January 2021 and +1e-05% on a weekly basis. Mexican Peso US Dollar (MXN/USD) momentum was last calculated at +0.5/100 indicating positive momentum. Mexican Peso US Dollar (MXN/USD) trend is -0.5/100 indicating a negative trend. Mexican Peso US Dollar (MXN/USD) momentum exhaustion is -1.00008 indicating Mexican Peso US Dollar (MXN/USD) is oversold.Mexico Credit Default Swaps closed up by 0.0% to 82.0 on 23 January 2021 and +-0.04094% on a weekly basis. Mexico Credit Default Swaps momentum was last calculated at -1.0/100 indicating negative momentum. Mexico Credit Default Swaps trend is -0.75/100 indicating a negative trend. Mexico Credit Default Swaps momentum exhaustion is -0.97821 indicating Mexico Credit Default Swaps is oversold.Mexico 10-Year Bond Yield closed up by 0.0% to 5.25 on 23 January 2021 and +0.00478% on a weekly basis. Mexico 10-Year Bond Yield momentum was last calculated at -0.5/100 indicating negative momentum. Mexico 10-Year Bond Yield trend is -1.0/100 indicating a negative trend. Mexico 10-Year Bond Yield momentum exhaustion is -1.44609 indicating Mexico 10-Year Bond Yield is oversold. 

 

 

Mexico News

Mexico Economy

Economic Activity Overview Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
gdp growth annual -3.6 -4.3 -0.162791 -3 -1.0 -1.0 0.1 2021-01-01
inflation cpi 5.88 5.89 -0.00169779 0.765766 1.0 1.0 0.783333 2021-06-30
unemployment rate 4 4.7 -0.148936 -0.047619 -1.0 -1.0 0.416667 2021-05-31
Business & Consumer Forecast Overview Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
manufacturing pmi 48.8 47.6 0.0252101 0.264249 1.0 1.0 0.983333 2021-06-30
Reserves & Outstanding Debt Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
government debt to gdp 45.5 46 -0.0108696 1.5419 1.0 1.0 0 2019-01-31
external debt 460517 462504 -0.00429618 0.0153655 1.0 1.0 0.0666667 2021-01-01
foreign exchange reserves 199302 201899 -0.0128629 0.00965572 -1.0 1.0 0.433333 2021-05-31
gold reserves 119.87 120.06 -0.00158254 -0.00274542 -1.0 -1.0 0.5 2021-01-01
Trade Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
current account 17408.9 17125.3 0.0165603 -10.9366 1.0 1.0 0.0333333 2020-10-01
current account to gdp 2.4 -0.3 -9 -2.6 1.0 1.0 0 2020-01-31
Monetary Policy Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
interest rate 4 4 0 -0.428571 -1.0 -1.0 0.133333 2021-05-13
central bank balance sheet 4469030000 4690890000 -0.0472959 -0.0744514 -1.0 -1.0 0.0333333 2021-06-30
banks balance sheet 9061610 9097600 -0.00395599 -0.891425 -1.0 -1.0 0.0166667 2021-02-28
money supply m2 10531600000 10518200000 0.00127398 0.044615 1.0 1.0 0.283333 2021-05-31
Fiscal Policy Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
Government budget -26620 15940 -2.67001 -0.736093 -1.0 1.0 0.333333 2021-04-30
government revenues 636424 435232 0.462264 0.205789 1.0 1.0 0.866667 2021-03-31
fiscal expenditure 630105 534807 0.178191 0.160431 1.0 1.0 0.783333 2021-03-31

Mexico’s gdp growth annual decreased to -8.6 by -54.01% on May 2020 from -18.7 in the previous Quarterly. On a year on year basis Mexico’s gdp growth annual decreased by -637.5%. Mexico’s gdp growth annual trend is down since the current value of -8.6 is lower than the 12 month moving average of -1.58333.Mexico’s inflation cpi decreased to 3.33 by -18.58% on November 2020 from 4.09 in the previous Monthly. On a year on year basis Mexico’s inflation cpi increased by 12.12%. Mexico’s inflation cpi trend is down since the current value of 3.33 is lower than the 12 month moving average of 3.37.Mexico’s unemployment rate decreased to 4.4 by -6.38% on November 2020 from 4.7 in the previous Monthly. On a year on year basis Mexico’s unemployment rate increased by 29.41%. Mexico’s unemployment rate trend is down since the current value of 4.4 is lower than the 12 month moving average of 4.36667.Mexico’s manufacturing pmi icnreased to 43.7 by 0.23% on November 2020 from 43.6 in the previous Monthly. On a year on year basis Mexico’s manufacturing pmi decreased by -8.96%. Mexico’s manufacturing pmi trend is down since the current value of 43.7 is lower than the 12 month moving average of 43.0833.Mexico’s business confidence icnreased to 42.4 by 1.92% on November 2020 from 41.6 in the previous Monthly. On a year on year basis Mexico’s business confidence decreased by -14.0%. Mexico’s business confidence trend is down since the current value of 42.4 is lower than the 12 month moving average of 41.7833.Mexico’s consumer confidence decreased to 36.7 by -2.39% on November 2020 from 37.6 in the previous Monthly. On a year on year basis Mexico’s consumer confidence decreased by -15.83%. Mexico’s consumer confidence trend is down since the current value of 36.7 is lower than the 12 month moving average of 37.475.

Mexico Business activity

Business Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
business confidence 52.3 50.5 0.0356436 0.372703 1.0 1.0 0.983333 2021-06-30
manufacturing pmi 48.8 47.6 0.0252101 0.264249 1.0 1.0 0.983333 2021-06-30

Mexico’s business confidence icnreased to 42.4 by 1.92% on November 2020 from 41.6 in the previous Monthly. On a year on year basis Mexico’s business confidence decreased by -14.0%. Mexico’s business confidence trend is down since the current value of 42.4 is lower than the 12 month moving average of 41.7833.Mexico’s manufacturing pmi icnreased to 43.7 by 0.23% on November 2020 from 43.6 in the previous Monthly. On a year on year basis Mexico’s manufacturing pmi decreased by -8.96%. Mexico’s manufacturing pmi trend is down since the current value of 43.7 is lower than the 12 month moving average of 43.0833.

Mexico Consumer activity

Consumer Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
total vehicle sales 45359 45770 -0.00897968 0.283757 -1.0 1.0 0.966667 2021-06-30
consumer confidence 44.5 43 0.0348837 0.381988 1.0 1.0 0.983333 2021-06-30
car registrations 45359 45770 -0.00897968 0.283757 -1.0 1.0 0.966667 2021-06-30

Mexico’s total vehicle sales icnreased to 53301.0 by 16.81% on November 2020 from 45630.0 in the previous Monthly. On a year on year basis Mexico’s total vehicle sales decreased by -24.51%. Mexico’s total vehicle sales trend is down since the current value of 53301.0 is lower than the 12 month moving average of 46394.3.Mexico’s consumer confidence decreased to 36.7 by -2.39% on November 2020 from 37.6 in the previous Monthly. On a year on year basis Mexico’s consumer confidence decreased by -15.83%. Mexico’s consumer confidence trend is down since the current value of 36.7 is lower than the 12 month moving average of 37.475.Mexico’s car registrations icnreased to 53301.0 by 16.81% on November 2020 from 45630.0 in the previous Monthly. On a year on year basis Mexico’s car registrations decreased by -24.51%. Mexico’s car registrations trend is down since the current value of 53301.0 is lower than the 12 month moving average of 46394.3.

Mexico Manufacturing activity

Manufacturing Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
manufacturing pmi 48.8 47.6 0.0252101 0.264249 1.0 1.0 0.983333 2021-06-30
industrial production 36.4 36.5 -0.00273973 -2.19619 1.0 1.0 0.2 2021-05-31
industrial production mom 0.1 -0.3 -1.33333 -1.14286 -1.0 1.0 0.483333 2021-05-31
capacity utilization 78.3 79.4 -0.0138539 0.72467 1.0 1.0 0.983333 2021-05-31

Mexico’s manufacturing pmi icnreased to 43.7 by 0.23% on November 2020 from 43.6 in the previous Monthly. On a year on year basis Mexico’s manufacturing pmi decreased by -8.96%. Mexico’s manufacturing pmi trend is down since the current value of 43.7 is lower than the 12 month moving average of 43.0833.Mexico’s industrial production decreased to -3.33 by -45.5% on October 2020 from -6.11 in the previous Monthly. Mexico’s industrial production trend is down since the current value of -3.33 is lower than the 12 month moving average of -9.7175.Mexico’s industrial production mom icnreased to 2.0 by 233.33% on October 2020 from 0.6 in the previous Monthly. On a year on year basis Mexico’s industrial production mom decreased by -186.96%. Mexico’s industrial production mom trend is down since the current value of 2.0 is lower than the 12 month moving average of 0.25.Mexico’s capacity utilization icnreased to 78.4 by 3.84% on October 2020 from 75.5 in the previous Monthly. On a year on year basis Mexico’s capacity utilization decreased by -3.33%. Mexico’s capacity utilization trend is down since the current value of 78.4 is lower than the 12 month moving average of 71.2583.

Mexico Retail Sector

 

Retail Activity Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
retail sales 30.1 2.5 11.04 -2.26471 1.0 1.0 0.283333 2021-04-30
retail sales MoM -0.4 3.5 -1.11429 -0.9819 -1.0 1.0 0.55 2021-04-30

Mexico’s retail sales decreased to -7.1 by -34.26% on September 2020 from -10.8 in the previous Monthly. On a year on year basis Mexico’s retail sales decreased by -395.83%. Mexico’s retail sales trend is down since the current value of -7.1 is lower than the 12 month moving average of -7.075.Mexico’s retail sales MoM decreased to -1.4 by -151.85% on October 2020 from 2.7 in the previous Monthly. On a year on year basis Mexico’s retail sales MoM decreased by -26.32%. Mexico’s retail sales MoM trend is down since the current value of -1.4 is lower than the 12 month moving average of -0.35.

Mexico GDP

 

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
Real GDP 17635600 17502100 0.00762766 -0.0469304 -1.0 -1.0 0.05 2021-03-31
gdp growth annual -3.6 -4.3 -0.162791 -3 -1.0 -1.0 0.1 2021-01-01
gdp 1076.16 1268.87 -0.151875 -0.0304778 -1.0 -1.0 0 2020-01-31
gdp growth 0.4 3.3 -0.878788 -0.692308 1.0 -1.0 0.45 2020-11-01

Mexico’s Real GDP icnreased to 16927100.0 by 12.12% on September 2020 from 15097500.0 in the previous Quarterly. On a year on year basis Mexico’s Real GDP decreased by -6.7%. Mexico’s Real GDP trend is down since the current value of 16927100.0 is lower than the 12 month moving average of 18047100.0.Mexico’s gdp growth annual decreased to -8.6 by -54.01% on May 2020 from -18.7 in the previous Quarterly. On a year on year basis Mexico’s gdp growth annual decreased by -637.5%. Mexico’s gdp growth annual trend is down since the current value of -8.6 is lower than the 12 month moving average of -1.58333.Mexico’s gdp decreased to 1200.0 by -1.7% on January 2019 from 1220.7 in the previous Yearly. On a year on year basis Mexico’s gdp increased by 13.99%. Mexico’s gdp trend is down since the current value of 1200.0 is lower than the 12 month moving average of 1155.44.Mexico’s gdp growth decreased to 12.1 by -171.18% on July 2020 from -17.0 in the previous Quarterly. On a year on year basis Mexico’s gdp growth decreased by -3125.0%. Mexico’s gdp growth trend is down since the current value of 12.1 is lower than the 12 month moving average of -0.375.

Mexico inflation

 

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
inflation cpi 5.88 5.89 -0.00169779 0.765766 1.0 1.0 0.783333 2021-06-30
core inflation rate 4.58 4.37 0.0480549 0.237838 1.0 1.0 0.683333 2021-06-30
consumer price index cpi 113.02 112.42 0.00533713 0.0588048 1.0 1.0 0.833333 2021-06-30
Producer Price Index 109.53 108.76 0.00707981 0.058312 1.0 1.0 0.683333 2021-06-30

Mexico’s inflation cpi decreased to 3.33 by -18.58% on November 2020 from 4.09 in the previous Monthly. On a year on year basis Mexico’s inflation cpi increased by 12.12%. Mexico’s inflation cpi trend is down since the current value of 3.33 is lower than the 12 month moving average of 3.37.Mexico’s core inflation rate icnreased to 5.1 by 27.5% on October 2020 from 4.0 in the previous Monthly. On a year on year basis Mexico’s core inflation rate increased by 38.59%. Mexico’s core inflation rate trend is down since the current value of 5.1 is lower than the 12 month moving average of 3.88167.Mexico’s consumer price index cpi icnreased to 108.86 by 0.08% on November 2020 from 108.774 in the previous Monthly. On a year on year basis Mexico’s consumer price index cpi increased by 3.34%. Mexico’s consumer price index cpi trend is down since the current value of 108.86 is lower than the 12 month moving average of 107.152.Mexico’s Producer Price Index decreased to 104.29 by -0.25% on November 2020 from 104.55 in the previous Monthly. On a year on year basis Mexico’s Producer Price Index increased by 4.42%. Mexico’s Producer Price Index trend is down since the current value of 104.29 is lower than the 12 month moving average of 103.142.

Mexico Government Policy

 

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
government budget -4.6 -1.6 1.875 45 -1.0 -1.0 0 2019-02-28
Government budget -26620 15940 -2.67001 -0.736093 -1.0 1.0 0.333333 2021-04-30
government revenues 636424 435232 0.462264 0.205789 1.0 1.0 0.866667 2021-03-31
fiscal expenditure 630105 534807 0.178191 0.160431 1.0 1.0 0.783333 2021-03-31

Mexico’s Government budget decreased to -18940.0 by -43.33% on October 2020 from -33420.0 in the previous Monthly. On a year on year basis Mexico’s Government budget decreased by -406.72%. Mexico’s Government budget trend is down since the current value of -18940.0 is lower than the 12 month moving average of -47641.3.Mexico’s government revenues decreased to 380863.0 by -25.36% on September 2020 from 510233.0 in the previous Monthly. On a year on year basis Mexico’s government revenues decreased by -23.63%. Mexico’s government revenues trend is down since the current value of 380863.0 is lower than the 12 month moving average of 441502.0.Mexico’s fiscal expenditure icnreased to 427809.0 by 16.28% on September 2020 from 367907.0 in the previous Monthly. On a year on year basis Mexico’s fiscal expenditure increased by 8.91%. Mexico’s fiscal expenditure trend is down since the current value of 427809.0 is lower than the 12 month moving average of 470160.0.

Mexico Monetary Policy

 

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
interest rate 4 4 0 -0.428571 -1.0 -1.0 0.133333 2021-05-13
central bank balance sheet 4469030000 4690890000 -0.0472959 -0.0744514 -1.0 -1.0 0.0333333 2021-06-30
banks balance sheet 9061610 9097600 -0.00395599 -0.891425 -1.0 -1.0 0.0166667 2021-02-28
money supply m0 2156050 2147230 0.00410762 0.160983 1.0 1.0 0.75 2021-06-30
money supply m1 5717370000 5698410000 0.00332724 0.108959 1.0 1.0 0.516667 2021-05-31
money supply m2 10531600000 10518200000 0.00127398 0.044615 1.0 1.0 0.283333 2021-05-31
money supply m3 12573500000 12504400000 0.00552605 0.0772269 1.0 1.0 0.516667 2021-05-31

Mexico’s interest rate decreased to 4.25 by -5.56% on September 2020 from 4.5 in the previous Daily. On a year on year basis Mexico’s interest rate decreased by -48.48%. Mexico’s interest rate trend is down since the current value of 4.25 is lower than the 12 month moving average of 6.45833.Mexico’s central bank balance sheet decreased to 4684510000.0 by -0.86% on November 2020 from 4724910000.0 in the previous Monthly. On a year on year basis Mexico’s central bank balance sheet increased by 13.99%. Mexico’s central bank balance sheet trend is down since the current value of 4684510000.0 is lower than the 12 month moving average of 4571970000.0.Mexico’s banks balance sheet decreased to 9024690.0 by -0.4% on September 2020 from 9061290.0 in the previous Monthly. On a year on year basis Mexico’s banks balance sheet increased by 11.36%. Mexico’s banks balance sheet trend is down since the current value of 9024690.0 is lower than the 12 month moving average of 41568500.0.Mexico’s money supply m2 icnreased to 10121400000.0 by 0.03% on October 2020 from 10118000000.0 in the previous Monthly. On a year on year basis Mexico’s money supply m2 increased by 12.64%. Mexico’s money supply m2 trend is down since the current value of 10121400000.0 is lower than the 12 month moving average of 9809380000.0.

Mexico Employment

 

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
unemployment rate 4 4.7 -0.148936 -0.047619 -1.0 -1.0 0.416667 2021-05-31

Mexico’s unemployment rate decreased to 4.4 by -6.38% on November 2020 from 4.7 in the previous Monthly. On a year on year basis Mexico’s unemployment rate increased by 29.41%. Mexico’s unemployment rate trend is down since the current value of 4.4 is lower than the 12 month moving average of 4.36667.

Mexico Trade & Capital Flows

 

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
current account 17408.9 17125.3 0.0165603 -10.9366 1.0 1.0 0.0333333 2020-10-01
current account to gdp 2.4 -0.3 -9 -2.6 1.0 1.0 0 2020-01-31
exports 40798.3 40772.8 0.000625417 1.25782 1.0 1.0 1 2021-05-31
imports 40458.7 39272.2 0.0302122 0.873747 1.0 1.0 1 2021-05-31
balance of trade 340 1501 -0.773484 -1.09652 -1.0 1.0 0.333333 2021-05-31
capital flows -6.5 -7.8 -0.166667 -0.726891 1.0 1.0 0.533333 2020-09-01
foreign direct investment 2531.4 2436.7 0.038864 -0.650981 -1.0 -1.0 0.0333333 2020-10-01

Mexico’s current account decreased to 17497.7 by -15158.3% on July 2020 from -116.2 in the previous Quarterly. On a year on year basis Mexico’s current account decreased by -450.07%. Mexico’s current account trend is down since the current value of 17497.7 is lower than the 12 month moving average of -1545.55.Mexico’s current account to gdp decreased to -0.2 by -89.47% on January 2019 from -1.9 in the previous Yearly. On a year on year basis Mexico’s current account to gdp decreased by -77.78%. Mexico’s current account to gdp trend is down since the current value of -0.2 is lower than the 12 month moving average of -1.49167.Mexico’s exports icnreased to 41945.0 by 8.82% on October 2020 from 38547.0 in the previous Monthly. On a year on year basis Mexico’s exports increased by 2.89%. Mexico’s exports trend is down since the current value of 41945.0 is lower than the 12 month moving average of 34365.6.Mexico’s imports icnreased to 35721.0 by 4.56% on October 2020 from 34163.0 in the previous Monthly. On a year on year basis Mexico’s imports decreased by -13.83%. Mexico’s imports trend is down since the current value of 35721.0 is lower than the 12 month moving average of 31942.1.Mexico’s balance of trade icnreased to 6224.0 by 41.95% on October 2020 from 4384.72 in the previous Monthly. On a year on year basis Mexico’s balance of trade decreased by -1004.98%. Mexico’s balance of trade trend is down since the current value of 6224.0 is lower than the 12 month moving average of 2423.6.Mexico’s capital flows icnreased to -7.1 by 42.0% on July 2020 from -5.0 in the previous Quarterly. On a year on year basis Mexico’s capital flows decreased by -60.11%. Mexico’s capital flows trend is down since the current value of -7.1 is lower than the 12 month moving average of 5.14167.Mexico’s foreign direct investment decreased to 2436.7 by -65.64% on July 2020 from 7092.6 in the previous Quarterly. On a year on year basis Mexico’s foreign direct investment decreased by -61.81%. Mexico’s foreign direct investment trend is down since the current value of 2436.7 is lower than the 12 month moving average of 8212.59.

Mexico Reserves

 

Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
foreign exchange reserves 199302 201899 -0.0128629 0.00965572 -1.0 1.0 0.433333 2021-05-31
gold reserves 119.87 120.06 -0.00158254 -0.00274542 -1.0 -1.0 0.5 2021-01-01

Mexico’s foreign exchange reserves icnreased to 201287.0 by 1.29% on November 2020 from 198721.0 in the previous Monthly. On a year on year basis Mexico’s foreign exchange reserves increased by 8.63%. Mexico’s foreign exchange reserves trend is down since the current value of 201287.0 is lower than the 12 month moving average of 194777.0.Mexico’s gold reserves decreased to 119.94 by -0.05% on May 2020 from 120.0 in the previous Quarterly. On a year on year basis Mexico’s gold reserves decreased by -0.46%. Mexico’s gold reserves trend is down since the current value of 119.94 is lower than the 12 month moving average of 120.077.Mexico’s government debt to gdp decreased to 45.5 by -1.09% on January 2019 from 46.0 in the previous Yearly. On a year on year basis Mexico’s government debt to gdp increased by 154.19%. Mexico’s government debt to gdp trend is down since the current value of 45.5 is lower than the 12 month moving average of 38.05.Mexico’s external debt icnreased to 451350.0 by 1.0% on May 2020 from 446898.0 in the previous Quarterly. On a year on year basis Mexico’s external debt increased by 0.82%. Mexico’s external debt trend is down since the current value of 451350.0 is lower than the 12 month moving average of 450137.0.

Mexico Debt

 

Debt Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
government debt to gdp 45.5 46 -0.0108696 1.5419 1.0 1.0 0 2019-01-31
external debt 460517 462504 -0.00429618 0.0153655 1.0 1.0 0.0666667 2021-01-01

Mexico’s government debt to gdp decreased to 45.5 by -1.09% on January 2019 from 46.0 in the previous Yearly. On a year on year basis Mexico’s government debt to gdp increased by 154.19%. Mexico’s government debt to gdp trend is down since the current value of 45.5 is lower than the 12 month moving average of 38.05.Mexico’s external debt icnreased to 451350.0 by 1.0% on May 2020 from 446898.0 in the previous Quarterly. On a year on year basis Mexico’s external debt increased by 0.82%. Mexico’s external debt trend is down since the current value of 451350.0 is lower than the 12 month moving average of 450137.0.

Mexico Banking activity

 

Fiscal Policy Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
interbank rate 4.32 4.29 0.00699301 -0.235398 -1.0 -1.0 0.233333 2021-06-30
deposit interest rate 0.46 0.5 -0.08 -0.823077 -1.0 -1.0 0.0666667 2022-03-31
loans to private sector 2645060000 2667200000 -0.00830084 -0.131186 -1.0 -1.0 0.0333333 2021-05-31

Mexico’s interbank rate decreased to 8.37 by -1.3% on August 2019 from 8.48 in the previous Monthly. On a year on year basis Mexico’s interbank rate increased by 3.21%. Mexico’s interbank rate trend is down since the current value of 8.37 is lower than the 12 month moving average of 8.41083.Mexico’s deposit interest rate decreased to 3.22 by -5.29% on October 2019 from 3.4 in the previous Yearly. On a year on year basis Mexico’s deposit interest rate decreased by -7.47%. Mexico’s deposit interest rate trend is down since the current value of 3.22 is lower than the 12 month moving average of 3.61167.Mexico’s balance of trade icnreased to 6224.0 by 41.95% on October 2020 from 4384.72 in the previous Monthly. On a year on year basis Mexico’s balance of trade decreased by -1004.98%. Mexico’s balance of trade trend is down since the current value of 6224.0 is lower than the 12 month moving average of 2423.6.Mexico’s loans to private sector decreased to 2776470000.0 by -2.17% on October 2020 from 2838180000.0 in the previous Monthly. On a year on year basis Mexico’s loans to private sector increased by 2.73%. Mexico’s loans to private sector trend is down since the current value of 2776470000.0 is lower than the 12 month moving average of 2876450000.0.

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