Banorte financial group

Economic weakness confirmed in April 2024; Inegi data

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Economic weakness confirmed in April 2024; Inegi data

The economic activity reported a drop of 0.6% at a monthly rate during April 2024y barely 0.9% growth in its annual comparisonwhich surprised the consensus of private analysts, since the monthly decrease was greater than anticipated. According to the data of the Global Indicator of Economic Activity (IGAE)from Inegiconsidered as an approximation of the GDPthe … Read more

Investment and consumption accelerate in the first two months of 2024

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Economic weakness confirmed in April 2024; Inegi data

The domestic demandwhich is made up of the gross fixed investment and private consumptionreported a acceleration during February 2024thanks to favorable employment figures and the government infrastructure projects. According to data from the National Institute of Statistics and Geography (Inegi)the fixed investmentwhich is the expenditure made by public and private companies in construction, machinery and … Read more