The News
The News
Sunday 25 of October 2020

Dollar Prices Hit Imports in January


LUISIANA INTENTA REVITALIZAR SU INTERCAMBIO COMERCIAL CON MÉXICO
LUISIANA INTENTA REVITALIZAR SU INTERCAMBIO COMERCIAL CON MÉXICO
The dollar reached historic levels in January, caused by a drastic drop in imports, losing 6.2 percent in annual comparison

The dollar reached historic levels in January, caused by a drastic drop in imports, losing 6.2 percent in annual comparison.

This figure is the largest decline in the past four months.

From October of last year to January 2016 the appreciation of the U.S. dollar has affected the acquisition of foreign assets, which showed a negative percentage of 3.6 to 6.2.

According to statistics from the National Statistics and Geography Institute (INEGI), the beginning of the year showed a value of imports at $31.8 billion.

The retreat is denoted in the acquisition of consumer goods in January 2015, representing a value of $4.4 billion, which this year has fallen to $3.8 billion.

Intermediate goods suffer a similar trend, which show a transition of $21,964 to $21,059.