Mexico's economy saw a surprising rebound in October. According to data from the National Institute of Statistics and Geography (INEGI), the Global Economic Activity Indicator (IGAE) increased by 1.0%, marking its best performance since July 2024. This figure doubles the preliminary estimate of 0.5% and signals a return to a growth trajectory. Officials state this is a natural continuation of a series of support measures implemented over a long period. Meanwhile, the Sheinbaum administration reported a 62% increase in the seizure of the synthetic opioid fentanyl, attributing the rise to improved coordination and intelligence work. In the political sphere, the Mexican Senate is facing a record number of lawsuits, with potential payments totaling 246 million pesos if the cases are lost. Additionally, Pemex Gas Bienestar has refused to disclose how it uses public funds, arguing that providing this information would damage its 'competitive advantages'.
Mexico's Economy Surges in October
Mexico's economy shows unexpected growth in October, surpassing all forecasts. Official data indicates a significant increase in economic activity, which is a positive signal for the country. However, political and social challenges, including lawsuits and issues of transparency, remain in the spotlight.