Mexican Economy Accelerated at the Start of the Third Quarter of 2026
The economy grew 3.3% year-over-year in July, driven by a 4% rise in trade and services, and has grown 1.5% so far this year.
The economy grew 3.3% year-over-year in July, driven by a 4% rise in trade and services, and has grown 1.5% so far this year.
The United States, Spain and Canada supplied 60% of the inflows, and the first quarter of 2026 set another record at $23.6 billion under Plan México.
Rebutting the British weekly, Mexico’s Finance Ministry pointed to record exports, a shrinking deficit, and eight rating agencies still holding the country at investment grade.
Federal physical spending jumped 62.6% in real terms in July, driven by a 130.6% surge at Pemex.
Sheinbaum framed the record as proof the economy is holding firm despite forecasts of weaker growth, alongside a peso at 16.97 to the dollar.
President Sheinbaum’s daily press conference, with comments on Olinia, the strong peso, school funding, public service, audience rights, and disinformation networks.
Mexico’s ‘super peso’ smashes past the 17-peso barrier to 16.98 per dollar, its strongest since May 2024, another embarrassment for the doomsayers who told everyone to buy dollars.
The World Bank ranks Mexico second only to China in AI-input exports, even as adoption lags at home and a third of Mexicans are more worried than excited about it.
Pemex, Mexico’s state-owned oil company, cut its debt while hydrocarbon output rose 4.6% and sales revenue jumped 30.3% year on year.
Mexico’s trade surplus jumped to $9.857 billion from $1.433 billion a year earlier, as non-oil exports surged 25.6 percent on booming US demand for electronics.