According to Gabriela Siller, director of Economic Analysis of Banco Base, there was no fall so pronounced since September 2012.
The expert pointed out in X that the accumulated remittances of the last 12 months show a fall against the previous 12 months of 2.19%, the first fall since January 2014 and the largest since October 2013.
It is the Third monthly fall at the reception of remittances.
The fall occurs in the midst of the pressures that the antimigration policies applied by President Donald Trump since he came to power in January are generating on sectors of the population that live irregularly in the world’s largest economy.
In May, remittances had yielded 4.6%, while in April they descended 12.1%.
The accumulated amount of remittance income in the January-June period of 2025 reached 29,576 million dollars, 5.6% less than in the same period of 2024.
With Reuters information
