Key Mexico Statistics Nov - Jan 2013

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Get an overview of the main financial indicators of the Mexican economy for the Nov - Jan 2013 period.

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Key Mexico Statistics Nov - Jan 2013

  1. 1. Key Mexico Statistics Nov – Jan 2014 Nuricumbo + Partners Audit • Finance • Risk • Strategy • Business Development
  2. 2. Outline 1 Exchange Rates 2 Country Risk 3 Mexican Stock Exchange 4 Securities Market 5 Inflation Rate 6 Investment Unit (UDI) 7 Economic Confidence Indicator (IMCE) 8 International Reserves
  3. 3. Exchange Rates 29/11/13 $13.1101 31/12/13 $13.0843 31/01/14 $ 13.3769 29/11/13 $17.8271 $14.15 December January 31/12/13 $12.3168 31/01/14 $12.0149 December January €17.80 $12.65 November €18.30 $13.15 31/01/14 $18.1244 €18.80 $13.65 31/12/13 $18.0079 €17.30 $12.15 November 29/11/13 $21.7059 December January 31/12/13 $21.9648 31/01/14 $22.3140 £23.20 $13.50 29/11/13 $12.3716 $13.00 £22.40 $12.50 £21.60 $12.00 £20.80 £20.00 €16.80 $11.50 November December January Note: Mexican Pesos per Currency Source: Mexican Central Bank, www.banxico.org.mx, 2014 $11.00 November
  4. 4. Country Risk The Country Risk indicates the possibilities that an emerging country has to fail on the fulfillment of its obligations over external debt payments, whether for capital or interests. The higher the Country Risk, the higher the possibility to get a “default”. Country Risk 250 200 196 184 It is composed of three main sources: 156 150 • Sovereign Risk • Transfer Risk • Generic Risk It is measured through the use of the Emerging Markets Bond Index (EMBI) created by J.P. Morgan Chase. Source: www.economia.com.mx, 2014 100 50 0 November December Note: Basis points January
  5. 5. Mexican Stock Exchange The Mexican Stock Exchange (BMV) is a public institution that operates under a concession granted by the Ministry of Finance (SHCP), observing the Mexican Securities Law. Given the world tendencies and legislation changes, the BMV has already started its demutualization process, but up to this date its shareholders are authorized brokerage firms, which own one share each. Price and Market Rates Index (IPC) 43,000 42,500 42,727.09 42,499.13 42,000 41,500 41,000 40,879.75 40,500 Marketable Securities • Capitals Market (Stocks, Fibras) • Capital Development Market (CKDes) • Debt Market (Government, Short, Medium and Long Term Debt). Source: Mexican Stock Exchange (BMV), http://www.bmv.com.mx/, 2014 40,000 39,500 November December January 29th 31st 31st
  6. 6. Securities Market The Mexican Central Bank (Banxico) carries out operations in the securities market in order to regulate the liquidity of Mexico’s financial system. It also undertakes primary auctions of securities for the government and other public sector entities, and issues regulations on several financial operations of financial intermediaries. Cetes 28 Zero coupon bonds denominated in Mexican Pesos issued by the Mexican Government, in a 28-days period. Source: Mexican Central Bank, www.banxico.org.mx, 2014 Government Securities Auction’s Monthly Results (Cetes 28-days) 3.45% 3.40% 3.35% 3.30% 3.25% 3.20% 3.15% 3.10% 3.05% 3.00% 3.40% 3.16% 3.18% November 29th December 31st January 31st
  7. 7. Inflation Rate Yearly Inflation Rates per Month Inflation can be defined as a continuous and widespread increase in goods and services prices. The Consumer Price Index (CPI) is the statistical instrument that calculates inflation by continuously measuring the price changes of households’ representative basket of goods and services. 4.10% 4.00% 3.90% 3.80% 3.70% 3.60% 3.50% 3.40% 3.30% 3.20% 3.10% 3.00% 3.97% 3.62% 3.36% November December January Source: Mexican Central Bank, www.banxico.org.mx, 2014
  8. 8. Investment Unit (UDI) Investment Unit (UDI) The Investment Unit (Unidad de Inversion, UDI) is the factor (value) to be applied to the acquisition of mortgages. The Mexican Central Bank is the responsible 5.120000 5.100417 5.100000 5.080000 5.058731 5.060000 5.040000 5.020000 authority to publish at the Mexico’s Official 5.000000 Gazette its value in Mexican Pesos for each 4.980000 day of the month. 5.018606 4.960000 November December January 29th 31st 31st Source: Mexican Central Bank, www.banxico.org.mx and Ministry of Finance, www.sat.gob.mx, 2014
  9. 9. Economic Confidence Indicator (IMCE) The Economic Confidence Indicator, IMCE, is a diffusion indicator which aims to quantify the expectation of the perceived business climate through more than 20,000 registered public accounting to nearly 60 colleges affiliated to Public Accountants Mexican Institute, IMCP. The index can become one of the key leading indicators to get a better overview of the situation of the Mexican economy. The indicator is divided into two main components, which presents the current perception in the business climate as well as future perspectives. Its score is measured through a range of 0 to 140 points, being higher values optimistic and lower values pessimistic. Source: Public Accountants Mexican Association, IMCP, http://imcp.org.mx/, 2014 Economic Confidence Indicator $72 $71 71.43 70.69 $70 $69 $68 67.28 $67 $66 $65 November December January
  10. 10. International Reserves Known as financial assets invested abroad by the Mexican Central Bank that can easily be converted in means of payment. According to the Mexican Central Bank, the following concepts are considered as International Reserves: International Reserves (Million USD) $177,500 $177,179 $177,000 $176,579 • Foreign banknotes and coins; $176,500 • Deposits, securities and stocks payable outside of Mexico; $176,000 • Loans by Central Banks payable at no longer than six months; • The Special Drawing Rights at the International Monetary Fund. Source: Mexican Central Bank, www.banxico.org.mx, 2014 $175,882 $175,500 $175,000 November December January 29th 31st 31st
  11. 11. Contact Address: Plateros 16 – 504, San Jose Insurgentes 03900, Mexico City Tel. Office: + 52 (55) 5339 5839 Mobile: + 52 (55) 5453 6309 E-mail: armando@nuricumbo.com Web: www.nuricumbo.com Skype: nuricua BB Pin: 21BD8276

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