Business

Mexico's Economic Landscape Paints Growth, Grit, and Gender Equity

Mexico's economy thrives: Inflation eases, foreign investments soar, and steady growth persists. Challenges addressed, gender disparities and energy infrastructure, as the nation aims for a competitive future.

Mexicanist

Aug 31, 2023 — 3 min read

Empowering Growth: Mexico's bustling economy embraces foreign investments, while tackling gender disparities and energy challenges for a competitive future.

Mexico's economic journey in the first half of 2023 has been a tale of resilience and transformation, as key indicators point towards a dynamic and competitive economy. From inflation trends to foreign investments and growth figures, the Mexican business landscape is painting an optimistic picture for the future.

Inflation Maintains Downward Trajectory with Slight Uptick

Inflation, a crucial economic barometer, continued its downward path in Mexico during the first fortnight of August, with an annual rate of 4.67%. However, the period also saw a modest uptick of 0.32% in prices compared to the previous fortnight – the steepest rise since January of the same year. This juxtaposition signifies the complexity of price dynamics and will be closely monitored by investors and policymakers alike.

Mexican Archers Make Strong Debut at Paris Olympics

Mexico's archery team shines at Paris 2024 Olympics. The women's team secures third place, advancing to the quarterfinals. Alejandra Valencia leads with a strong performance. The men's team qualifies for round of 16. Matías Grande and Valencia aim for mixed team podium.

The proposed initiative offers a 20% tax incentive for foreign film productions in Mexico.

Mexico Proposes Tax Incentives to Boost Film Industry

Mexican lawmakers propose tax incentives for foreign film productions. The goal is to boost the local film industry, create jobs, and attract international investment. The initiative offers tax certificates to foreign investors, which can be transferred to Mexican companies.

Forensic scientist examining evidence in a lab, emphasizing the importance of expert services.

Lawmaker Pushes for Autonomous Forensic Services in Mexico's Investigations

Representative Gabriela Sodi (PRD) proposes reforming Article 21 of Mexico's Constitution to establish autonomous, independent, and professional expert services to provide scientific data for criminal investigations.

Person holding a blood donation bag with a superhero symbol.

How Blood Donation Works in Mexico

Mexico faces a blood shortage due to low voluntary donors. Only 5% donate altruistically. Dr. Contreras Serratos urges people to donate blood regularly, starting at 18. Donating blood is safe and helps others in need.