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Tourism lastly surpasses 2019 ranges in Mexico

by Index Investing News
July 30, 2022
in World
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MEXICO CITY — Worldwide tourism in Mexico has lastly surpassed pre-pandemic ranges, after 10.26 million guests got here to the nation within the first half of 2022, Mexico’s Tourism Division reported Friday.

Worldwide arrivals from January to June 2022 had been up 1.5% from the ten.11 million vacationers who arrived in Mexico within the first half of 2019.

Mexico’s strongest exhibiting was with U.S. vacationers. The variety of Individuals arriving by air within the first six months of the yr was 6.66 million; that’s 19.1% larger than in the identical interval of 2019.

It isn’t clear whether or not the struggle in Ukraine could have performed a job in convincing some Individuals to trip nearer to residence.

The problem for Mexico’s hottest tourism locations — the seashores of the Caribbean coast — is not COVID, in opposition to whose unfold Mexico by no means imposed any flight bans, testing or masks necessities. Relatively, it’s the plenty of foul-smelling sargassum seaweed which have collected at some factors alongside the coast.

Sargassum was not a lot of an issue on Mexico’s Caribbean coast earlier than it started drifting ashore in 2014 and 2015. 2022 seems prone to be a very dangerous yr.

As an entire, Mexico’s financial system grew by 1% within the second quarter, the nationwide statistics company mentioned Friday.

Financial development for the primary half of 2022 now quantities to 1.9%,after an enlargement of 0.9% within the first three months of the yr. The Treasury Division mentioned later that development for the primary half of the yr totaled 2%.

The financial system recovered by 5% in 2021 following a steep drop through the coronavirus pandemic.

However development is anticipated to gradual amid excessive rates of interest and an financial downturn in america, by far Mexico’s largest buying and selling accomplice.



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