MEXICO
Analysts
Mauricio González
Former Director of Economic Policy, Finance Ministry
Guillermo Valdés
Former Director, Center of Investigation & National Security
Mariano Ruiz-Funes
Former Director of Financial Policy, Ministry of Finance
Francisco González
Economic Consultant, GEA Grupo de EconomistasDatabanks
Recent Country Insights
Economics: Data published during May confirm the economy remains weak, with higher risks ahead
MEXICO · Report · 01 Jun 2026
Economic indicators published in May reflect a Mexican economy cooling in the first quarter of the year, weighed down by weakness in domestic demand. The economy entered 2026 on a weak footing, with GDP growth virtually flat at 0.2% YoY in the first quarter, suffering from contractions in the pr...
Politics: The quality of public services is in clear decline according to an INEGI survey
MEXICO · Report · 01 Jun 2026
Mexico's municipal governments are failing to deliver the basic public services their citizens need. Satisfaction rates remain below 52% for all services except garbage collection, and have fallen further between 2023 and 2025. Roads and streets are the worst-performing services — fewer than 30% ...
Economics: Mexico's economic environment is deteriorating on multiple fronts
MEXICO · Report · 26 May 2026
The US-Iran conflict has driven Brent crude prices 54% above their 2025 historical average, generating inflationary pressures and threatening to slow global growth by between -0.7% and -1.3% in 2026, according to IMF projections. Mexico enters this adverse international environment from a positio...
Politics: 4T balance sheet — a deteriorating outlook
MEXICO · Report · 26 May 2026
Claudia Sheinbaum's government has been largely consumed by managing the difficult legacy inherited from López Obrador. This legacy includes a stagnant and indebted economy, a public security crisis rooted in the "hugs, not bullets" policy toward organized crime, an authoritarian-leaning politica...
Economics: Demand-side components (consumption and investment) are consistent with first-quarter GDP stagnation
MEXICO · Report · 19 May 2026
Mexico's economy entered 2026 on a weak footing, with first-quarter GDP virtually stagnant at 0.2% year-on-year growth. While the government has attributed the poor performance primarily to external factors, the data point to significant domestic demand weaknesses running alongside sectoral disru...
Politics: The 4T's education disaster laid bare
MEXICO · Report · 18 May 2026
Mexico's education system has suffered a marked deterioration under the administrations of López Obrador and Claudia Sheinbaum. A recent incident encapsulates the broader dysfunction: Education Secretary Mario Delgado announced the abrupt early end of the 2025–2026 school year, claiming unanimou...
Politics: Key legislative takeaways from the Congressional period that ended on April 30
MEXICO · Report · 11 May 2026
The congressional session that concluded on April 30 was one of the least productive in recent memory, despite Morena holding a legislative supermajority. Three bills stood out among the 61 approved across both chambers. The first is the electoral reform. The bill that was ultimately passed bo...
Economics: Poor Q1 public finance figures; Pemex remains a persistent burden
MEXICO · Report · 11 May 2026
In the first quarter of 2026, public finances deteriorated, casting serious doubt on whether a genuine "fiscal consolidation" process is actually underway this year — that is, whether a meaningful reduction in fiscal deficits, and in particular in the Broad Public Sector Borrowing Requirements (P...
Politics: The U.S. requests the extradition of Morena politicians, including sitting Sinaloa Governor Rubén Rocha Moya
MEXICO · Report · 04 May 2026 · 1 response
On April 28th, the U.S. Department of Justice submitted an extradition request for Sinaloa Governor Rubén Rocha Moya and nine other current and former state officials on charges of drug trafficking conspiracy, narcotics distribution, and firearms offenses in connection with the Sinaloa Cartel. Th...