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World Cup spending fuels Mexico’s second-quarter economic rebound

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The Mexican economy grew 1.5% in the second quarter of 2026 compared to the previous three-month period, according to preliminary data, recovering from a 0.6% contraction in the first quarter of the year . The quarter-over-quarter growth rate, reported by the national statistics agency INEGI on Thursday, was the best result for the Mexican economy since the final quarter of 2020. INEGI also reported that Mexico’s economy grew 2.1% annually in the second quarter of 2026, up from a 0.4% year-over-year expansion in the first quarter. Both the quarter-over-quarter and annual growth rates came in above the median forecasts of economists surveyed by Reuters. On social media , Banco Base’s director of economic analysis, Gabriela Siller, wrote that it is “estimated that approximately two-thirds of the quarter-over-quarter growth was due to the World Cup effect, with the remainder the result of a rebound effect following the contraction in the first quarter.” She sa...

Rain hampers cleanup of a hazardous chemical spill after a train derailment near the US border

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A weekend train derailment in Sonora resulted in the spillage of approximately 59,000 liters of sodium hydrosulfide, prompting the Federal Attorney General’s Office (FGR) to open an investigation.  The sodium hydrosulfide — a corrosive chemical compound used in industrial processes such as copper mining and considered hazardous to health and environment — was spilled after the derailment of several tank cars of a freight train belonging to Ferromex, a subsidiary of Grupo México. A map shows the border town of Naco (center-left) connected to the Cuauhtémoc ejido by Highway 2D, between which two communities the derailment took place. The Douglas-Agua Prieta border crossing connecting Sonora with Arizona can be seen at the far right. (Goodle Maps) Grupo México is one of the biggest copper producers in the world and Ferromex is the largest train network in Mexico. Weekend rains complicated containment efforts, heightening concerns about the environmental impact of the accident in nort...

Mexico in Numbers: Internet use hits record high, but rural gap persists

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What percentage of Mexicans are internet users? How do internet connectivity rates differ across Mexico? How many Mexican homes have computers? Find out the answers to those questions in this week’s “Mexico in Numbers” article, which primarily focuses on internet use in Mexico. * All of the data in this article comes from the results report of the latest National Survey on the Availability and Use of Information Technology in Homes (ENDUTIH). The survey was conducted by the national statistics agency INEGI in more than 65,000 homes between Aug. 25 and Oct. 17, 2025. INEGI published the results report in June 2026.  More than 8 in 10 Mexicans use the internet  Some 104.9 million people in Mexico were internet users in 2025, a figure equivalent to 86.1% of the population aged six and above. The percentage of the population that uses the internet has gradually increased over the past decade. In 2022, the figure was 78.6% while in 2023 it was 81.2%. In 2024, 83.1%...

Mexico gets favorable ruling in Vulcan trade accord violation case — but it’s far from over

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The International Centre for Settlement of Investment Disputes (ICSID) — an arm of the World Bank — issued a mixed ruling in the arbitration process initiated against Mexico by U.S.-based Vulcan Materials Company. In what is being framed as a favorable ruling for Mexico, the ICSID dismissed almost all of the company’s claims, except for one measure related to the expropriation of a property operated by a Vulcan subsidiary . Vulcan had already filed a trade-related complaint against Mexico when, during the López Obrador administration, its subsidiary’s work area was designated a nature reserve. The dispute is only now being resolved. (Cuartoscuro) In that regard, the ICSID ruled that Mexico violated the North American Free Trade Agreement, which was still in effect when the complaint was filed in 2018, by shutting down quarrying operations managed by Calica, a Vulcan subsidiary.  Although Vulcan sought US $1.53 billion in damages plus interest and costs, the tribunal awarded th...

CFE: Power outages reduced by nearly 40% since 2024

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The Federal Electricity Commission (CFE) reported that power outages fell 39% during the first half of 2026 compared to the same period in 2024, attributed to a “historic investment” in the expansion and modernization of the country’s transmission and distribution networks. Speaking at the Industrial Exhibition of the Institute of Electrical and Electronics Engineers (IEEE), Mexico section, head of CFE Emilia Calleja said that system restoration times were also “significantly reduced,” typically resolved within one to three hours.  Head of CFE Emilia Calleja said the improvements are a direct result of a US $14-billion investment (244 billion pesos) in the country’s electrical grid . (Daniel Augusto/Cuartoscuro) Calleja noted that improvements in electricity coverage respond to CFE’s updated strategy to enhance and modernize distribution network capacity, as attention had long been focused primarily on generation. The head of CFE explained that “modern, robust and intelligent...

Mexico’s export revenue is up by 25% this year

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Mexico’s export revenue increased 24.6% annually in the first six months of 2026 to reach a record high of US $389.72 billion, according to the national statistics agency INEGI. The year-over-year gain in percentage terms was the highest since 2021, when export revenue rose 29.4% in the first six months of the year. México es una locomotora de exportación y pronto llegará a ser la novena potencia exportadora del mundo. El crecimiento anual de las exportaciones mexicanas al mundo fue de prácticamente 25% anual en el periodo ene-junio. Esto nos lleva al superávit comercial mas alto… pic.twitter.com/PjEm0SumEb — Luis Rosendo Gutiérrez (@LuisRosendo_) July 28, 2026 Published on Monday, INEGI’s data also shows that Mexico recorded a record high trade surplus of $9.85 billion between January and June, its export revenue exceeding its outlay on imports by that amount. More than 80% of Mexico’s export earnings come from goods shipped to the United States. In 2023, Mex...

Formal and informal employment slumped during the first half of 2026

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Participation in the workforce declined by nearly 300,000 during the first half of 2026 as June employment figures were the second-worst of the year, according to the National Survey of Occupation and Employment (ENOE) carried out by the national statistics agency INEGI. ENOE data indicates that 319,633 jobs were lost last month and said the decline was linked to a contraction in both formal and informal employment, although more pronounced in the latter.  A graphic released by the think tank México ¿cómo vamos? with data from IMSS shows the state-by-state job generation performance for the second quarter of 2026 (April, May and the low-performance month of June). Top generators were Baja California, Baja California Sur, Sonora, Durango, Nuevo León, Campeche and Quintana Roo. (México ¿cómo vamos?) The negative June figures — topped only by the loss of 705,427 jobs in January — resulted in a deficit of 293,227 jobs through the first half of the year. Economists say Mexico needs to c...