Visiting Mexico City

The lack of posts during July was caused by a well-deserved holiday in Mexico (pictures, videos) and subsequent return and catch up with work.

One thing that surprised me quite a bit on this last visit was the amount of new shopping centres opening in the city, and the amount of people visiting them not only for the sights but also with plenty of full shopping bags regardless of the fact that it was indeed that time of the year when sales and discounts are in full-force.

Given that and the strength of the superpeso (which is now trading at record highs against the dollar and has also gained against the euro) I saw a rather optimistic picture of the Mexican economy. Let’s hope it lasts given the U.S slowdown.

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