Mexico's economy presents a mixed picture. While consumption is cooling, Querétaro maintains its appeal for productive investment, creating an economy that struggles to synchronize. In Querétaro, for instance, 71% of entrepreneurs did not take vacations, reflecting caution in a challenging start to the year. Nevertheless, the state has attracted significant investment, particularly in the industrial sector, leading to the creation of thousands of jobs. However, the economic downturn has not affected all sectors equally: retail and services have shifted into a defensive mode, while industry maintains its growth pace. Concurrently, there are active discussions about the digitalization of payments. The CoDi system is seen as a key tool for the future, but its successful implementation requires coordination between banks, retail chains, fintech companies, and financial authorities. The geopolitical context is also crucial, especially in relations with the United States. A key figure in this dialogue is the Mexican ambassador to the US, Esteban Moctezuma, whose close ties with the new foreign minister, Roberto Velasco Álvarez, promise to facilitate more agile communication in this new stage.
Mexico's Economy: Investment Grows as Consumption Cools
Mexico faces a paradox: while consumption and retail show signs of cooling, industrial investment, especially in Querétaro, continues to grow. This creates an economy struggling to synchronize. The country is also focused on developing digital payments like CoDi and strengthening bilateral ties with the US.