“A great spirit of change is coursing through all of Mexico,” President Enrique Peña Nieto said in his New Year’s message to the Mexican nation on Monday night. And the very next morning, the national statistics agency confirmed his view.
Within a few weeks of Peña Nieto’s inauguration, the agency reported on Tuesday that consumer confidence in December was at its highest in five years – 99 points, up from the 90.8 points of the same month of 2011. The 100-point base of the index, by the way, was set in 2003. Continue reading »