Overview
- Banco de México reported $5,125 million in November receipts, a 5.7% year-over-year decrease.
- The decline stemmed from fewer transfers—12.6 million operations, about 8% fewer—while the average remittance rose to $406.
- January–November inflows totaled $56,469 million, 5.1% below the same period of 2024.
- Analysts attribute the weakening to a softer U.S. job market and migrants’ heightened deportation concerns.
- Electronic transfers accounted for 99.1% of inflows; seasonally adjusted receipts rose 1.8% from October even as the unadjusted series fell 9.05%.