Wednesday, December 11, 2013
Mexico Central Time
MARKETS AND DATA: US
Dollar: $12.65 Euro: $16.78 Gold: US$1,327 Silver: US$20.39 Mex
Crude: US$102.50 Cetes
The new APP to locate gas stations in Mexico can be accessed at APP Store and Google Play.
Ciudad Revolución has launched a new socialnet to promote ideas and initiatives for the more evoluted and revolutionary cities.
Mexico budget proposals for 2013
The economic growth next year to be 3.5 per cent.
The inflation rate is estimated at a 3%
The price of oil to be US$84.90 per barrel.
International Reserves steady at 163 billion USD
Mexican International Reserves keep on growing at a low but steady peace. The arrival of a new government has not affected the Mexican Central Bank´s hold. The level of reserves reported at the change of President of Mexico is at US$163,117 millions.
Consumer credit is 33% higher in Mexico than USA
The average consumer credit card is 24.5% as reported by the Mexican Central Bank during the month of June 2012. The average rate in the US market is about 16.8%
Mexico oil production to remain steady in 2012
Pemex recenlty reported an average of 2.538 million barrels per day in the first 8 months of the year. This figure signals that Mexico´s crude oil production has been steady in the level of 2.5 million since 2010.
International Transparency reproves Mexico
International Transparency 2011 Report on Corruption Perceptions puts Mexico in a non unpleasant 100 place out of 183 countries evaluated. Mexico received a score of 3 points out of 10 on how corrupt is its public sector perceived. Just to give an example, Chile is ranked on 22 place with 7.2 points.