CDMX stands out in recovery of microeconomic indicators

Due to the local reactivation strategy, the microeconomic indicators of Mexico City will close 2022 with consolidated signs of recovery, assured the head of government, Claudia Sheinbaum Pardo.

In a press conference, the capital’s president explained that throughout the year there were positive results in terms of services, businesses, as well as construction.

The economic reactivation program that we carried out has had a great effect, both for public construction, private construction, services, and businesses,” he highlighted.

For example, he explained that according to the Quarterly Indicator of State Economic Activity According to the National Institute of Statistics and Geography (Inegi), as of the second quarter of 2022, trade – which contributes 16.9% to the capital’s economy – grew above its pre-pandemic level.

While retail sales revenues continue at levels above the pandemic price for eight consecutive months since October and total wholesale trade revenues have remained above the pre-pandemic level since April 2021, and their average remunerations have been running for eight months above that indicator.

“Equally, this is important, the income from information services in the mass media remained above the pre-pandemic level, temporary accommodation and food preparation services 1.4% per month and 41.9 percent per year,” he explained.

More indicators

The Secretary of Administration and Finance, Luz Elena Gonzalez Escobarhighlighted that CDMX is the entity with the most Foreign Direct Investment (FDI) captured between 2019 and 2022, with an accumulated amount of more than 31,000 million dollars, that is, 34% higher than that registered in the same period of the last administration. .

“The inflationFor example, inflation in the Metropolitan area where Mexico City is, at the end of November had an increase of 0.16 percent. This places us for the thirtieth consecutive month below the national average”, highlighted the headline.

For his part, the Secretary of Labor and Employment Promotion of Mexico City, José Luis Rodríguez Díaz de León, reported that during the last six months, Mexico City had the highest Contribution Base Salary in the country, with an average of 612.29 pesos compared to other entities, where the indicator is 361 pesos.