Mexico Economic Calendar

Economy of Mexico

Ranking fifteenth in the world and second in Latin America, Mexico's economy is a developing market. It is dominated by the service sector, followed by the industrial and agricultural sectors.

Mexico is a major producer of minerals, including silver, fluorite, zinc, and mercury. Furthermore, oil and gas reservoirs are among the country's most valuable assets.

The country is heavily reliant on the United States, the country's most important commercial partner and the final destination for around 80% of its exports. Mexico has the sixth-largest electronics sector in the world, and it is the second-largest exporter of electronics to the United States.

Bank of Mexico

The Banco de México, also known as Banxico or BdeM, is Mexico's central bank, monetary authority, and lender of last resort. Its principal goal is to stabilize the buying power of the Mexican Peso (MXN), the country's official currency.

Interest Rate of Mexico

Mexico's central bank (BdeM) is responsible for determining the Interest Rate in Mexico. Since January 2008, the overnight interbank rate (Tasa de Fondo Bancario) has replaced the number of commercial banks' current account balances at the central bank as the primary operating objective for the Banco de México.

Mexico Economic Calendar

Apr 30, 12:00
8h 33min
MXN GDP Growth Rate QoQ (Q1)
Medium
-0.6%
0.2%
Apr 30, 12:00
8h 33min
MXN GDP Growth Rate YoY (Q1)
Medium
0.5%
0.9%
Apr 30, 19:00
15h 33min
MXN Fiscal Balance (Mar)
Low
-MXN114.23B
-MXN133B
May 01, 00:00
20h 33min
MXN Labor Day
None
May 02, 11:00
2 days
MXN Foreign Exchange Reserves (Apr)
Low
$237.3B
$240B
May 02, 12:00
2 days
MXN Business Confidence (Apr)
Medium
49.9
49.5
May 02, 15:00
2 days
MXN S&P Global Manufacturing PMI (Apr)
Low
46.5
46
May 06, 12:00
6 days
MXN Gross Fixed Investment MoM (Feb)
Low
-1.5%
0.3%
May 06, 12:00
6 days
MXN Gross Fixed Investment YoY (Feb)
Low
-6.7%
-9%
May 08, 12:00
8 days
MXN Core Inflation Rate MoM (Apr)
Low
0.43%
0.2%
May 08, 12:00
8 days
MXN Inflation Rate MoM (Apr)
Medium
0.31%
0.3%
May 08, 12:00
8 days
MXN Inflation Rate YoY (Apr)
Medium
3.8%
3.9%
May 08, 12:00
8 days
MXN Core Inflation Rate YoY (Apr)
Low
3.64%
3.6%
May 09, 12:00
9 days
MXN Auto Exports YoY (Apr)
Low
3.8%
0.7%
May 09, 12:00
9 days
MXN Auto Production YoY (Apr)
Low
12.1%
2.4%
May 09, 12:00
9 days
MXN Consumer Confidence (Apr)
Medium
46
45.7
May 12, 12:00
12 days
MXN Industrial Production YoY (Mar)
Low
-1.3%
-0.5%
May 12, 12:00
12 days
MXN Industrial Production MoM (Mar)
Low
2.5%
0.1%
May 15, 19:00
15 days
MXN Interest Rate Decision
Medium
9%
8.5%
May 21, 12:00
21 days
MXN Retail Sales YoY (Mar)
Low
May 21, 12:00
21 days
MXN Retail Sales MoM (Mar)
Low
0.1
May 22, 12:00
22 days
MXN Economic Activity YoY (Mar)
Low
-1.6
May 22, 12:00
22 days
MXN Economic Activity MoM (Mar)
Low
-0.7
May 22, 12:00
22 days
MXN Mid-month Inflation Rate MoM (May)
Low
May 22, 12:00
22 days
MXN GDP Growth Rate QoQ (Q1)
Low
-0.6%
May 22, 12:00
22 days
MXN Mid-month Inflation Rate YoY (May)
Low
May 22, 12:00
22 days
MXN GDP Growth Rate YoY (Q1)
Low
0.5%
May 22, 12:00
22 days
MXN Mid-month Core Inflation Rate MoM (May)
Low
May 22, 12:00
22 days
MXN Mid-month Core Inflation Rate YoY (May)
Low
May 23, 12:00
23 days
MXN Balance of Trade (Apr)
Medium
May 23, 15:00
23 days
MXN Current Account (Q1)
Low
$12601M
-$20050M
May 29, 15:00
29 days
MXN Monetary Policy Meeting Minutes
Low
May 30, 12:00
30 days
MXN Unemployment Rate (Apr)
Medium
May 30, 19:00
30 days
MXN Fiscal Balance (Apr)
Low

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