ECONOMY AND STOCK MARKET IN MEXICO

According to the Organization for Development and Economic Cooperation (OECD), Mexico's GDP will fall by 8.6% if there is a resurgence of Covid-19 and 7.5% if it is avoided. According to a press release, the agency said that this forecast is due to the blow received in the tourism sector, exports and the fall in oil prices, one of the...

Inflation in Mexico in May was below the forecast, reported Reuters on June 9. According to the report of the national statistics agency INEGI, annual inflation in May increased to 2.84% from the April indicator of 2.15%.

The federal government's announcement on the delivery and advancement of economic transfers already scheduled for this year 2020 on the occasion of Covid-19 has brought to the discussion table (again) whether the establishment of a Universal Basic Income (UBI) would be a generalized solution that would allow the entire population to be protected,...