September 06: Market Intelligence: Mexico Economy

Growing attention to digital tax proposals in Mexico may be a positive indicator of fiscal policy direction in the context of the 2020 budget and past political promises

Mexico Economy

With the Mexican government’s 2020 budget proposal scheduled to be unveiled in the coming days, the potential impact of a new digital tax is beginning to draw attention from financial market participants both in Mexico and internationally. Predata’s online attention signal for Mexico’s economy signal spiked to a three-month high, driven by interest in tax policy and state tax administrations. Traffic on Spanish-language pages was the primary driver of attention, indicative of research by local a...