Mexico Economic Calendar
Economy of Mexico
Ranking fifteenth in the world and second in Latin America, Mexico's economy is a developing market. It is dominated by the service sector, followed by the industrial and agricultural sectors.
Mexico is a major producer of minerals, including silver, fluorite, zinc, and mercury. Furthermore, oil and gas reservoirs are among the country's most valuable assets.
The country is heavily reliant on the United States, the country's most important commercial partner and the final destination for around 80% of its exports. Mexico has the sixth-largest electronics sector in the world, and it is the second-largest exporter of electronics to the United States.
Bank of Mexico
The Banco de México, also known as Banxico or BdeM, is Mexico's central bank, monetary authority, and lender of last resort. Its principal goal is to stabilize the buying power of the Mexican Peso (MXN), the country's official currency.
Interest Rate of Mexico
Mexico's central bank (BdeM) is responsible for determining the Interest Rate in Mexico. Since January 2008, the overnight interbank rate (Tasa de Fondo Bancario) has replaced the number of commercial banks' current account balances at the central bank as the primary operating objective for the Banco de México.
Date
|
Time left
|
Event
|
Impact
|
Previous
|
Consensus
|
Actual
|
|||
---|---|---|---|---|---|---|---|---|---|
Friday, Jun 09, 2023
|
|||||||||
Jun 09, 12:00
|
|
MXN | Industrial Production YoY (Apr) |
Low
|
1.5% |
1.3%
|
0.7% | ||
Jun 09, 12:00
|
|
MXN | Industrial Production MoM (Apr) |
Low
|
-0.9% |
0.4%
|
0.4% | ||
Tuesday, Jun 20, 2023
|
|||||||||
Jun 20, 12:00
|
10 days
|
MXN | Retail Sales MoM (Apr) |
Low
|
0% | ||||
Jun 20, 12:00
|
10 days
|
MXN | Retail Sales YoY (Apr) |
Low
|
2.5% | ||||
Wednesday, Jun 21, 2023
|
|||||||||
Jun 21, 12:00
|
11 days
|
MXN | Aggregate Demand YoY (Q1) |
Low
|
4.1% |
6.5%
|
|||
Jun 21, 12:00
|
11 days
|
MXN | Aggregate Demand QoQ (Q1) |
Low
|
-0.1% |
0.7%
|
|||
Jun 21, 12:00
|
11 days
|
MXN | Private Spending YoY (Q1) |
Low
|
4.5% | ||||
Jun 21, 12:00
|
11 days
|
MXN | Private Spending QoQ (Q1) |
Low
|
0.5% | ||||
Thursday, Jun 22, 2023
|
|||||||||
Jun 22, 12:00
|
12 days
|
MXN | Mid-month Core Inflation Rate MoM (Jun) |
Low
|
0.18% |
0.3%
|
|||
Jun 22, 12:00
|
12 days
|
MXN | Mid-month Inflation Rate MoM (Jun) |
Low
|
-0.32% |
0.3%
|
|||
Jun 22, 12:00
|
12 days
|
MXN | Mid-month Inflation Rate YoY (Jun) |
Low
|
6% |
6.36%
|
|||
Jun 22, 19:00
|
13 days
|
MXN | Interest Rate Decision |
Low
|
11.25% |
11.25%
|
|||
Monday, Jun 26, 2023
|
|||||||||
Jun 26, 11:00
|
16 days
|
MXN | Economic Activity YoY (Apr) |
Low
|
|||||
Jun 26, 11:00
|
16 days
|
MXN | Economic Activity MoM (Apr) |
Low
|
|||||
Tuesday, Jun 27, 2023
|
|||||||||
Jun 27, 11:00
|
17 days
|
MXN | Balance of Trade (May) |
Medium
|
|||||
Friday, Jun 30, 2023
|
|||||||||
Jun 30, 11:00
|
20 days
|
MXN | Unemployment Rate (May) |
Medium
|
|||||
Jun 30, 11:00
|
20 days
|
MXN | Foreign Exchange Reserves (May) |
Low
|
|||||
Jun 30, 20:00
|
21 days
|
MXN | Fiscal Balance (May) |
Low
|
|||||
Monday, Jul 03, 2023
|
|||||||||
Jul 03, 11:00
|
23 days
|
MXN | Business Confidence (Jun) |
Medium
|
50
|
||||
Jul 03, 14:30
|
23 days
|
MXN | S&P Global Manufacturing PMI (Jun) |
Low
|
49
|
||||
Wednesday, Jul 05, 2023
|
|||||||||
Jul 05, 11:00
|
25 days
|
MXN | Consumer Confidence (Jun) |
Medium
|
42
|
||||
Jul 05, 11:00
|
25 days
|
MXN | Gross Fixed Investment YoY (Apr) |
Low
|
|||||
Jul 05, 11:00
|
25 days
|
MXN | Gross Fixed Investment MoM (Apr) |
Low
|
|||||
Thursday, Jul 06, 2023
|
|||||||||
Jul 06, 15:00
|
26 days
|
MXN | Monetary Policy Meeting Minutes |
Low
|
|||||
Friday, Jul 07, 2023
|
|||||||||
Jul 07, 11:00
|
27 days
|
MXN | Auto Production YoY (Jun) |
Low
|
8.5
|
||||
Jul 07, 11:00
|
27 days
|
MXN | Auto Exports YoY (Jun) |
Low
|
6.7
|
||||
Jul 07, 11:00
|
27 days
|
MXN | Core Inflation Rate YoY (Jun) |
Low
|
6.93
|
||||
Jul 07, 11:00
|
27 days
|
MXN | Core Inflation Rate MoM (Jun) |
Low
|
|||||
Jul 07, 11:00
|
27 days
|
MXN | Inflation Rate MoM (Jun) |
Medium
|
0.35
|
||||
Jul 07, 11:00
|
27 days
|
MXN | Inflation Rate YoY (Jun) |
Medium
|
5.8
|