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The slowdown in credit growth started to become more pronounced towards the end of 2Q24 with tight monetary policy and more restrictive macroprudential measures. TL and FC credit growth levels came below the regulatory thresholds.

Formal employment grew by 2.0% year-on-year in July, similar to the previous month but 0.2 percentage points below the forecast. A moderate improvement is expected in the coming months. Permanent employment has shown resilience, with 322 thousand new positions this year.

DiGiX aims to capture the global evolution of digitization by monitoring this pheonomenon across 98 countries. Our index combines 24 variables grouped in six dimensions that represent three pillars: supply (infrastructure and costs), demand (us…

July national inflation was, as expected, the lowest of the year (4.0% m/m, 263.4% y/y). It was in line with market forecasts (BBVA: 4.1% m/m, Central Bank consensus: 3.9% m/m), although slightly above the Central Bank's forecast (3.7% m/m).

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…

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Our most recent publications

The national unemployment rate stood at 9.9% in July, up from 9.6% in July 2023. Seasonally adjusted, July's rate was down from June and below the average level of the first half of the year, showing an improvement in the labour market.

This article examines the potential of the carbon market in Mexico, focusing on three key instruments: an emissions tax, a voluntary market, and emissions trading systems.

This report presents the multidimensional poverty for municipalities in Mexico between 2010 and 2020. The study reveals a decline in poverty levels across 70.3% of the municipalities, though it also identifies significant variations in urban ar…

Vehicle ownership has increased in recent years. However, its sales are at lower levels than those reported in 2022 and 2019. Despite the lower sales levels of the last years, July's data showed an improvement, which seems to be the prelude of …

In this publication you will find, on a weekly basis, our selection of the most relevant news regarding financial regulation.

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