GDP: + 2.6% in Q1
Consumer Prices: + 4.0% for the latest twelve months through June. This rate is still within the target rate of the Central Bank, and it is expected that the overnight lending rate will stay steady at 7.25% for now.
Industrial Production: + 1.1% in May
Unemployment: 3.3% in June
Trade Balance: - $11.8 billion for the latest twelve months through June.
Steel Production: 1.365 million mt in June, or 2.5% ahead of last year. In the first six months of the year, 8.491 million mt were produced, or 6.1% more than last year.
Automotive Industry: 198,426 units were produced in June, a decrease of 0.1% over last year. In the first half of 2007, 1,005,633 units were produced, or 4.1% less than last year.
Foreign Debt: Since 1999, the foreign debt ratio to GDP has gone down to 4.6% (from 10.7%). Standard & Poor's have changed their outlook for Mexico from stable to positive. The credit rating is BBB, which is the second lowest investment grade level.
Currency: Peso 10.9 to US$1 as of July 25 (unchanged from a year ago)
GDP: + 2.0% in Q1; in April the economy did not register any growth. Declining activities in oil and gas exploration, in motor vehicle production and wholesale trade were the principal reasons for the sluggish economic performance.
Consumer Prices: +2.2% in June
Industrial Production: - 0.7% in April
Unemployment: 6.1% in June
Trade Balance: + $48.0 billion for the twelve months up to May
Steel Production: 1.375 million mt were produced in June, or slightly less (-0.8%) compared to last year. In the first six months of 2007, 8.082 million mt were produced, or slightly more (+ 1.0%) than last year.
Automotive Industry: 217,687 units were produced in June - a decrease of 13.6% over last year. In the first six months of 2007, 1,367,941 units were produced, a decrease of 1.5%. All three NAFTA countries (US, Canada and Mexico) turned out 8,079,816 units in the first half of 2007, or 5.6% less than last year.
Currency: CA$1.04 to US$1 as of July 25 (CA$1.14 to US$1 a year ago)