Mexico | Mothers’ Day effect increases remittances in May to US$2,586.4 million
Published on Monday, July 3, 2017
Mexico | Mothers’ Day effect increases remittances in May to US$2,586.4 million
Summary
The increase in remittances is partly explained by Mexicans sending money from the United States during May for the Mothers’ Day festivities, and the low unemployment rate in the United States (4.3% in May)
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Migration
Tags
- Tags
- Remittances
Authors
Juan José Li Ng
BBVA Research - Senior Economist