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Sheinbaum celebrates economic 'good news' ahead of second report, highlights investment and lower inflation
🇲🇽 Mexico /Economy & Trade

Sheinbaum celebrates economic 'good news' ahead of second report, highlights investment and lower inflation

From El Universal · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

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  • Mexican President Claudia Sheinbaum highlighted positive economic indicators, including record foreign direct investment and lower inflation.
  • She noted a significant increase in the minimum wage since 2018, countering past claims that it would fuel inflation.
  • Sheinbaum also pointed to a record 60 million Mexicans employed and growth in the Gross Domestic Product (GDP).

President Claudia Sheinbaum celebrated "good news" on the economic front during her second government report, pointing to record foreign direct investment and lower inflation.

Taking into account the first half of 2026, we are talking about 34 billion 968 million dollars.

— Claudia SheinbaumHighlighting record foreign direct investment.

Speaking at the National Palace, Sheinbaum highlighted that the first half of 2026 saw $34.968 billion in foreign direct investment. She also emphasized the substantial increase in the minimum wage, which has risen 154% in real terms since 2018, from 2,800 pesos per month to over 9,500 pesos. This contrasts with previous administrations, which she claimed feared wage increases would lead to inflation.

Never did the governments of the past think about the people, about the workers. And it turns out that the minimum wage has increased from 2018 to date by 154% in real terms, and nominally from two thousand 800 pesos per month to more than 9 thousand 500 pesos per month.

— Claudia SheinbaumDiscussing the increase in minimum wage and contrasting it with past administrations.

"Never did the governments of the past think about the people, about the workers," Sheinbaum stated. She also noted that Mexico has achieved a record 60 million employed citizens and reported Gross Domestic Product (GDP) growth in the second quarter of 2026. The Mexican peso remains strong against the dollar, trading at 16.97, which she described as one of the world's most robust currencies.

And we have a record in foreign direct investment; we have a solid, strong peso and also no inflation, there is less inflation even than in the neoliberal period.

— Claudia SheinbaumSummarizing positive economic indicators.

Sheinbaum shared that her administration has reached 60 million Mexicans with employment, a significant increase. She also addressed past predictions of economic stagnation, stating that the economy is performing better than expected and that growth is evident in the second quarter of 2026, with further growth anticipated in subsequent quarters.

For the first time in history, we have reached 60 million Mexicans with employment, which means a significant increase.

— Claudia SheinbaumReporting on employment figures.
DistantNews Editorial

Originally published by El Universal in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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