Sheinbaum cheers investment, employment and the peso: Wednesday’s mañanera recapped
On Wednesday, the president highlighted record foreign direct investment in the first half of 2026 (US $34.96 billion), record employment of 60 million people, 1.4% quarterly GDP growth and a "strong, solid" peso, while blaming past governments for suppressing wages. The post Sheinbaum cheers investment, employment and the peso: Wednesday’s mañanera recapped appeared first on Mexico News Daily
On Wednesday, President Claudia Sheinbaum showcased Mexico's "strong and solid" economy during her morning press conference. Sheinbaum highlighted record foreign direct investment of $34.96 billion in the first half of 2026, record employment of 60 million people, and a quarter-over-quarter GDP growth of 1.4%, the highest sequential growth rate since Q1 2022. She also emphasized a strong peso, currently trading at 16.97 to the US dollar.
The president blamed previous governments for suppressing wages, arguing that they opposed wage increases to protect business interests rather than benefiting workers. Despite inflation rates remaining relatively stable, Sheinbaum expressed optimism about Mexico's economic achievements, citing the increase in minimum wages, rising FDI, and a robust peso.
Regarding her attendance at the upcoming G20 Summit in Miami, Sheinbaum stated that she would consider participating if bilateral talks with US President Donald Trump took place. She noted that Mexico should represent the nation at the summit, scheduled for December 14-15.
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