Remittances to Mexico saw a 3.1% annual increase in the first six months of 2026, as reported by the Bank of Mexico (Banxico), marking a rebound from a decline experienced in 2025.

Gabriel Cuadra, a deputy governor at the Bank of Mexico (Banxico), described the 0.8% economic contraction in the first quarter of 2026 as significant, following a modest 0.8% growth in 2025.