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

Feb 24, 12:00
1 day
MXN Mid-month Core Inflation Rate MoM (Feb)
Low
0.28%
0.3%
Feb 24, 12:00
1 day
MXN Mid-month Core Inflation Rate YoY (Feb)
Low
3.72%
3.7%
Feb 24, 12:00
1 day
MXN Mid-month Inflation Rate YoY (Feb)
Low
3.69%
3.6%
Feb 24, 12:00
1 day
MXN Mid-month Inflation Rate MoM (Feb)
Low
0.2%
0.2%
Feb 25, 15:00
3 days
MXN Current Account (Q4)
Low
$733M
$1500M
Feb 27, 12:00
4 days
MXN Unemployment Rate (Jan)
Medium
2.4%
2.4%
Feb 27, 12:00
4 days
MXN Balance of Trade (Jan)
Medium
$2.567B
$2.9B
Feb 28, 21:00
6 days
MXN Fiscal Balance (Jan)
Low
-MXN1661.8B
-MXN1800B
Mar 03, 11:00
8 days
MXN Foreign Exchange Reserves (Jan)
Low
$232.1B
$231B
Mar 03, 12:00
8 days
MXN Business Confidence (Feb)
Medium
51.7
52
Mar 03, 15:00
9 days
MXN S&P Global Manufacturing PMI (Feb)
Low
49.1
Mar 05, 12:00
10 days
MXN Gross Fixed Investment YoY (Dec)
Low
-0.7%
Mar 05, 12:00
10 days
MXN Gross Fixed Investment MoM (Dec)
Low
0.1%
Mar 07, 12:00
12 days
MXN Auto Production YoY (Feb)
Low
1.7%
Mar 07, 12:00
12 days
MXN Auto Exports YoY (Feb)
Low
-13.7%
Mar 07, 12:00
12 days
MXN Inflation Rate MoM (Feb)
Medium
Mar 07, 12:00
12 days
MXN Core Inflation Rate MoM (Feb)
Low
0.41%
Mar 07, 12:00
12 days
MXN Core Inflation Rate YoY (Feb)
Low
3.66%
Mar 07, 12:00
12 days
MXN Inflation Rate YoY (Feb)
Medium
3.59%
Mar 10, 12:00
15 days
MXN Consumer Confidence (Feb)
Medium
Mar 13, 12:00
18 days
MXN Industrial Production YoY (Jan)
Low
Mar 13, 12:00
18 days
MXN Industrial Production MoM (Jan)
Low
Mar 17, 00:00
22 days
MXN Birth of Benito Juarez
None
Mar 19, 12:00
24 days
MXN Aggregate Demand YoY (Q4)
Low
2.1
Mar 19, 12:00
24 days
MXN Aggregate Demand QoQ (Q4)
Low
1.2%
1%
Mar 20, 12:00
25 days
MXN Private Spending YoY (Q4)
Low
2.9%
Mar 20, 12:00
25 days
MXN Private Spending QoQ (Q4)
Low
1.1%

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