We are told that the 13 World Cup soccer matches held in Mexico went largely unnoticed in the United States, the main source of international tourism for the country. During the first half of the year, Mexican airports received 6.9 million travelers from the United States, representing half a million fewer visitors than during the same period in 2025. The decline reached 110,000 visitors in June alone, according to the Migration Policy Unit of Mexico’s Ministry of the Interior, headed by Carlos Antonio Vázquez. We are told that travel advisories, sargassum, higher airfares due to the cost of jet fuel, and the lack of promotion are keeping Mexico off the travel itineraries of U.S. tourists.
Banxico and Its Tendency to Underestimate
We are told that although there was no surprise in the unanimous monetary policy decision, with the benchmark interest rate remaining at 6.5%, the Bank of Mexico (Banxico) appears to be systematically underestimating the speed of disinflation. This was the perception of some analysts, including Priscila Robledo, chief economist at financial technology company Fintual.
The reason is that the Governing Board, led by Victoria Rodríguez Ceja, once again postponed its forecast for reaching the 3% inflation target, now pushing it back to the fourth quarter of 2027. The reasons and details will be known on August 20, when the minutes of the board’s meeting are published. For now, however, it appears that keeping inflation under control—also known as the “tax on the poor”—will take longer.
Beer Remains Protected from Tariffs
On the occasion of International Beer Day, we are told that beer is one of the few industries protected from the tariff increases imposed by the government of U.S. President Donald Trump. Three-quarters of the inputs used to produce the beverage are generated in Mexico, while 100% of the malting barley is also grown domestically.
At the National Chamber of the Beer and Malt Industry, led by Karla Siqueiros, officials remind us that Mexico is the world’s fourth-largest beer producer, and the sector already represents 1.5% of the country’s entire economy.
Source: eluniversal
