In the monthly comparison, the amount of remittances fell 0.2% in February, which according to analysts means the loss of strength of the upward trend.
?? Seasonally adjusted figures, in the second month of 2022 remittance income decreased at a monthly rate of 0.2%. With this, the upward trend lost strength. On the other hand, outflows from remittances increased 0.5% m/m. pic.twitter.com/RxO08i5Yf0
– Janneth Quiroz Zamora (@Janneth_QuirozZ)
April 1, 2022
In the first two months of the year, 98.8% of total income from remittances was made through electronic transfers.
The average remittance sent by Mexicans was 373 dollars per transaction.
