MXMexican remittances from abroad continued to grow for the sixth consecutive month in July 2026, reaching $5,571 million according to data released by Mexico’s central bank, Banxico. This represents a 3% annual increase compared to July 2025 and a 0.5% monthly rise from June 2026. The growth was driven by both an increase in the number of transactions, rising from 12.9 million to 13 million, and a slight increase in the average amount sent per transaction, which rose from $422 to $426. However, cash and goods transfers decreased slightly, averaging $415 compared to $447 previously. Over the period from January to July 2026, total remittances reached $6,349 million, up 3.1% year-on-year.
Bias read (Center): The article presents factual economic data from an official source (Banxico), focusing on remittance trends without overtly favoring any political perspective. It includes context such as U.S. restrictions on migrant transfers but does not take a stance on policy implications or political actors.
