Monday, On the Margin
Card data; vehicle sales; industrial activity; inflation; construction costs; trade; government securities.
Rebound
Total card transactions in Mexico for the first quarter of the year came in at 2.6 billion purchases, or 16% YoY (year-over-year). Purchase volumes totaled more than $1.5 trillion pesos — a figure 13% higher than during 1Q24.
Usage of credit & debit cards remained at an average of 6.5 times per month (i.e. 19 times per quarter) — down 1% QoQ and up 1% YoY.
