The remittances to Mexico They spun 19 consecutive months of rise in November, according to figures from the central bank released on Monday, in a context of slowdown in economic growth in the Latin American country.
Capital received during the penultimate month of the year totaled 4.665 million dollars, 37.7% more than in the same month of 2020, after reaching a historical record of 4.819 million dollars in October.
The sending of remittances has become one of the main income of the second largest economy in Latin America, which plummeted 8.5% in 2020 due to the crisis caused by the coronavirus pandemic.
The Gross domestic product (GDP) contracted in the third quarter of 2021 by 0.4%, in its first drop since its recovery from the pandemic began, hit by the third wave of Covid-19 and bottlenecks in supply chains.
In the first eleven months, remittances accumulate a value of 46,834 million dollars, 26.7% more than in the same period of last year.
The number of transactions rose 19.8% year-on-year, to 11.6 million; while the average amount per operation was placed in 401 dollars, 15% more than a year before, informed the central bank.