Mexico | Remittances rise 8.8% in August, in line with expectations
Published on Monday, October 2, 2017
Mexico | Remittances rise 8.8% in August, in line with expectations
Summary
In August 2017, Mexico received US$2,469.3 million in family remittances. This is the highest figure ever in the receipt of remittances for a month of August. Due to the appreciation of the peso observed this year compared to 2016, in real terms remittances contracted by 1.7%. Thus, remittances have declined in real terms for three consecutive months
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Migration
Tags
- Tags
- Remittances
Authors
Juan José Li Ng
BBVA Research - Senior Economist
Documents and files
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