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![Bazonka<\/a><\/figcaption><\/figure>\n\n\n\nFrom Mexico Business News<\/a>: “Mexico recorded a decline in remittance inflows for the sixth consecutive month in September, totaling US$5.21 billion (MX$97.4 billion), a decrease of 2.7% compared to the same month last year, according to Mexico\u2019s Central Bank (Banxico). This drop was driven by a 4.7% contraction in the number of transfers, partially offset by a 2.1% increase in the average remittance amount. This marks the fifth consecutive month with monthly inflows exceeding US$5 billion.”<\/strong><\/p>\n\n\n\nThen there’s the January to September figures: “The accumulated flow of remittances for the first nine months of the year (January to September 2025) totaled US$45.68 billion, representing a contraction of 5.5% compared to the US$48.36 billion captured during the same period in 2024.”<\/strong><\/p>\n\n\n\nMany families in Mexico receive remittances. <\/p>\n\n\n\n“The aggregate decline impacts an estimated 4.1 million recipient families and 11.1 million individual Mexican beneficiaries. In September 2025, the average remittance received per Mexican beneficiary was US$396, the lowest amount in four months. The funds entered Mexico through 13.1 million operations, a moderation compared to the 13.8 million transactions observed in September 2024.”<\/strong><\/p>\n\n\n\n“Remittances represent a substantial portion of income for recipient families, making the sustained contraction a matter for the domestic economy. According to BBVA Research, remittances represent 30% of the income of households that receive these resources.”<\/strong><\/p>\n\n\n\n“The economic dependence is more pronounced when factoring in labor income, with the bank noting: ‘In households receiving remittances, the sum of this money from abroad plus labor income represents 65.9% of current income.’ “<\/strong><\/p>\n\n\n\n“Based on estimates from the National Survey of Household Income and Expenditure (ENIGH) 2024, remittances account for more than 50% of income in 360,000 households across Mexico.”<\/strong><\/p>\n\n\n\nSo what is the reason for this decrease in remittances?<\/p>\n\n\n\n“Analysts point to external factors, including US labor market dynamics and security policies, as drivers of the contraction.”<\/strong><\/p>\n\n\n\nThat would be the Trump crackdown on illegal immigration in the United States.<\/p>\n\n\n\nAlso, it has to do with the value of the Mexican peso. <\/p>\n\n\n\n “The strength of the Mexican peso also reduced the real value of the transfers, given an annual appreciation of the Mexican peso of 6% against the dollar, remittances experienced a fall of 11.5% in real terms (discounting inflation). This means that, when converted to the local currency, the funds purchased fewer goods compared to the previous year.”<\/strong><\/p>\n\n\n\nOver 99% of this is sent via electronic transfers. <\/p>\n\n\n\n“During the first nine months of 2025, 99.2% of total remittance income was sent via electronic transfers (US$45.3 billion). Of those electronic funds, 50.1% (US$22.69 billion) were sent as deposits to accounts, while 49.9% (US$22.61 billion) were collected in cash.”<\/strong><\/p>\n\n\n\nSome Mexican states, however, are moving in the opposite direction. <\/p>\n\n\n\n“In contrast to the national trend, several states in the center-south region registered growth in the first nine months of the year, including: Guerrero (4.2%), Oaxaca (2.0%), Puebla (1.9%), Morelos (1.3%), Chiapas (1.2%), and Veracruz (0.9%).”<\/strong><\/p>\n\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"For six consecutive months, remittances to Mexico have decreased. Remittances are funds sent by people from Country A working in Country B. It’s sent back to families in Country A. Many countries have grown to depend on remittances. In the … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[381,112],"tags":[553],"class_list":["post-3187","post","type-post","status-publish","format-standard","hentry","category-economy","category-immigration","tag-remittances"],"_links":{"self":[{"href":"https:\/\/mexiconewsreport.com\/index.php\/wp-json\/wp\/v2\/posts\/3187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mexiconewsreport.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mexiconewsreport.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mexiconewsreport.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mexiconewsreport.com\/index.php\/wp-json\/wp\/v2\/comments?post=3187"}],"version-history":[{"count":3,"href":"https:\/\/mexiconewsreport.com\/index.php\/wp-json\/wp\/v2\/posts\/3187\/revisions"}],"predecessor-version":[{"id":3354,"href":"https:\/\/mexiconewsreport.com\/index.php\/wp-json\/wp\/v2\/posts\/3187\/revisions\/3354"}],"wp:attachment":[{"href":"https:\/\/mexiconewsreport.com\/index.php\/wp-json\/wp\/v2\/media?parent=3187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mexiconewsreport.com\/index.php\/wp-json\/wp\/v2\/categories?post=3187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mexiconewsreport.com\/index.php\/wp-json\/wp\/v2\/tags?post=3187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/en.wikipedia.org\/wiki\/Mexico%E2%80%93United_States_relations#\/media\/File:Mexico_USA_Locator.svg\"){kind=link}
From Mexico Business News<\/a>: “Mexico recorded a decline in remittance inflows for the sixth consecutive month in September, totaling US$5.21 billion (MX$97.4 billion), a decrease of 2.7% compared to the same month last year, according to Mexico\u2019s Central Bank (Banxico). This drop was driven by a 4.7% contraction in the number of transfers, partially offset by a 2.1% increase in the average remittance amount. This marks the fifth consecutive month with monthly inflows exceeding US$5 billion.”<\/strong><\/p>\n\n\n\n Then there’s the January to September figures: “The accumulated flow of remittances for the first nine months of the year (January to September 2025) totaled US$45.68 billion, representing a contraction of 5.5% compared to the US$48.36 billion captured during the same period in 2024.”<\/strong><\/p>\n\n\n\n Many families in Mexico receive remittances. <\/p>\n\n\n\n “The aggregate decline impacts an estimated 4.1 million recipient families and 11.1 million individual Mexican beneficiaries. In September 2025, the average remittance received per Mexican beneficiary was US$396, the lowest amount in four months. The funds entered Mexico through 13.1 million operations, a moderation compared to the 13.8 million transactions observed in September 2024.”<\/strong><\/p>\n\n\n\n “Remittances represent a substantial portion of income for recipient families, making the sustained contraction a matter for the domestic economy. According to BBVA Research, remittances represent 30% of the income of households that receive these resources.”<\/strong><\/p>\n\n\n\n “The economic dependence is more pronounced when factoring in labor income, with the bank noting: ‘In households receiving remittances, the sum of this money from abroad plus labor income represents 65.9% of current income.’ “<\/strong><\/p>\n\n\n\n “Based on estimates from the National Survey of Household Income and Expenditure (ENIGH) 2024, remittances account for more than 50% of income in 360,000 households across Mexico.”<\/strong><\/p>\n\n\n\n So what is the reason for this decrease in remittances?<\/p>\n\n\n\n “Analysts point to external factors, including US labor market dynamics and security policies, as drivers of the contraction.”<\/strong><\/p>\n\n\n\n That would be the Trump crackdown on illegal immigration in the United States.<\/p>\n\n\n\n Also, it has to do with the value of the Mexican peso. <\/p>\n\n\n\n “The strength of the Mexican peso also reduced the real value of the transfers, given an annual appreciation of the Mexican peso of 6% against the dollar, remittances experienced a fall of 11.5% in real terms (discounting inflation). This means that, when converted to the local currency, the funds purchased fewer goods compared to the previous year.”<\/strong><\/p>\n\n\n\n Over 99% of this is sent via electronic transfers. <\/p>\n\n\n\n “During the first nine months of 2025, 99.2% of total remittance income was sent via electronic transfers (US$45.3 billion). Of those electronic funds, 50.1% (US$22.69 billion) were sent as deposits to accounts, while 49.9% (US$22.61 billion) were collected in cash.”<\/strong><\/p>\n\n\n\n Some Mexican states, however, are moving in the opposite direction. <\/p>\n\n\n\n “In contrast to the national trend, several states in the center-south region registered growth in the first nine months of the year, including: Guerrero (4.2%), Oaxaca (2.0%), Puebla (1.9%), Morelos (1.3%), Chiapas (1.2%), and Veracruz (0.9%).”<\/strong><\/p>\n\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" For six consecutive months, remittances to Mexico have decreased. Remittances are funds sent by people from Country A working in Country B. It’s sent back to families in Country A. Many countries have grown to depend on remittances. In the … Continue reading