Mexico Insight

New Year’s Eve is mostly a quiet affair at homes across Mexico.  Many Mexican families stay indoors and pass the evening taking supper and drinks with close friends and family.  On the run-up to the occasion, markets undertake a brisk trade of grapes, as well as red and yellow-colored underwear. These satisfy a demand to uphold traditions which [...]

Fast food franchises ply a very brisk trade in Mexico.  Notwithstanding Mexico’s enormous range and diversity of native foods and flavors, middle-class Mexicans especially have adopted a keen interest in all things fast, processed and packaged when it comes to eating out. If you enjoy junk-food fixes, Mexico will oblige when you’re here.  However, if [...]

Three of the world’s major rating agencies have downgraded Mexico’s credit score. Moody’s, Fitch and Standard & Poor’s cited falling oil production, the financial crisis, inflexible fiscal infrastructure—read inadequate tax collection—and a continued over-dependency on oil revenues as the key issues considered in their decision to downgrade Mexico’s global credit rating. The Mexican peso and [...]

Our 2010 Mexico Price Watch report, that is being researched now for publication early in the New Year, is turning-out some interesting findings. There are products and services you can buy in Mexico which are definitely lower in price than equivalents in the USA or Europe; for example: fresh food costs less, property taxes and [...]