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Despite the slowdown, permanent formal employment has shown constant gains. In June, formal employment had a year-on-year growth of 2.0%, 0.1 percentage points below our forecast, confirming the expected deceleration trend.
Mexico faces significant structural economic challenges, with informality standing out as one of the most complex to address. Although there have been efforts to understand and analyze informality from various perspectives, these efforts have little impact as they remain outside the debate and action of public policy.
There is still no clear indication of a severe slowdown in the labor market, though it has weakened more than it initially appears. The slower rate of job creation, coupled with frequent downward adjustments to monthly employment figures, sugge…
After a weak GDP growth of 0.4% in 2023, activity will grow 3.2% in 2024 due to the recovery of the agricultural sector, hydroelectric power generation and private consumption. Even so, reforms are needed to gain competitiveness and maintain a …
We will review our growth forecasts for 2024 and 2025 once the reform of the judicial system is known, which could have significant impacts on investment
After 6 months in office, the government has made significant progress in improving the fiscal balance, which in turn resulted in a reduction of monetary issuance and a deceleration of inflation. The challenge now is to consolidate the fiscal surplus and dismantle FX-market restrictions to foster sustainable growth.
Output will grow 2,9% this year (previous forecast: 2,7%), supported by a new pension funds withdrawal. Sectors affected by weather anomalies in 2023 will recover and non-primary sectors too thanks to increased private spending. In 2025, once the impact of pension funds withdrawals is exhausted, growth would reach 2,7%.
Formal employment in Mexico continues decelerating, growing 2.2% in May 2024, 0.2 percentage points lower than the previous month. Job creation is expected to pick up in the third quarter but at a slower pace than in 2023.
Filter all of our publications to find the ones about the geography you are most interested in.
Filter all of our publications to find the ones you are most interested in by content language, date, geography and/or topic.
Israel strikes a major blow against Hamas military leaders. Trump survives assassination attempt, wins Republican nomination and selects Vance as running mate.
Catalonia's GDP could increase by 2.6% in 2024 and 2.1% in 2025, which would allow 192,000 new jobs to be created in the region in the two-year period.
The labor productivity gap between Spain and the eurozone has expanded over the past decade, despite higher gains in value added per hour and per worker in Spain since 2022.
Despite the slowdown, permanent formal employment has shown constant gains. In June, formal employment had a year-on-year growth of 2.0%, 0.1 percentage points below our forecast, confirming the expected deceleration trend.
The EU's aspirations for sustainability, competitiveness, and resilience hinge on its ability to close the innovation gap with the US in disruptive technologies. This requires a dual approach: significantly increasing targeted public funding an…
