Gabriela Siller
Coverage of Gabriela Siller in the Nexus archive.
- Mexico’s economy bounces back in April, posting 2.2% annual growth
Mexico’s economy grew 2.2% annually in April 2026, driven by a 10.2% surge in construction linked to FIFA World Cup projects. The secondary sector expanded 1.8% annually, while the tertiary sector grew 2.4%, with wholesale and health services seeing significant gains.
- Peso nears its best rate of 2026 as US-Iran tensions ease
The Mexican peso strengthened to 17.20 per US dollar as tensions between the US and Iran eased following President Trump's comments. The peso's rebound coincided with a 3.33% rise in the Mexican Stock Exchange (BMV) and improved risk appetite due to progress in Middle East negotiations and expectations of US Federal Reserve rate cuts.
- Mexico’s inflation rate dropped below 4% in May
Mexico’s annual headline inflation rate fell to 3.94% in May, entering the Bank of Mexico’s 2-4% target range for the first time since January. Core inflation decreased to 4.19%, while services inflation remained elevated at 4.57% annually for 54 consecutive months. Prices for fruits and vegetables surged 14.38% annually, with tomatoes rising 99.23%.