MXMexican remittances have lost purchasing power this year due to inflation and the strength of the peso against the dollar, according to analysts. In July, households received an average of $426, which translates to 7,438 pesos, down 6.6% compared to July 2025 after adjusting for inflation. This amount is insufficient to cover the monthly food basket for three people living in urban areas, which costs 7,637 pesos. The decline is attributed to currency appreciation, meaning fewer pesos are earned per dollar sent. Despite this, remittances remain a crucial support for private foreign exchange surpluses and household income in recipient regions. Analysts note that while nominal growth continues, translating this into improved purchasing power remains a challenge.
Bias read (Center): The article presents economic data and analyst interpretations without overtly favoring any political side. It discusses inflation, currency fluctuations, and their effects on remittances but does not take a stance on policy or political actors. The framing is neutral, focusing on economic factors.
