Results of Tourism Activity Mexico, November 2016

Asientos, Aguascalientes.

Tapijulapa, Tabasco.

Undersecretariat of Planning and Tourism Policy Reporting Date: January 11, 2016 Available in http://www.datatur.sectur.gob.mx/SitePages/versionesRAT.aspx

International visitors Chart 1. Bank of Mexico reported that the arrival of international travelers during the JanuaryNovember period of 2016 was 85.3 million, which represents an increase of 8.4%. In November 2016, 8.0 million travelers arrived, 5.9% more than the number registered in the same month last year (7.6 million travelers). This is the highest level for November since 2010. 9.0

Chart 1. Monthly Arrival of International Visitors 2016 2015 8.6

8.5 Million of people

8.0

7.8

7.0

7.7 7.6 7.7

7.7

7.5

7.9

7.9 7.4

7.7

7.0

7.5 6.8

6.5

6.8

Million visitors

2015

78.6

2016

85.3

Change %

8.4%

7.6 7.2

7.2 7.1 7.1

7.2

8.0 8.5

JanuaryNovember

* NOTE: In the charts, the sum of monthly data may not correspond to the cumulative period, due to rounding .

6.5

6.0 5.5 Jan

Feb Mar Apr May Jun

Jul

Aug Sep

Oct Nov Dec

Source: Balance of payments, Banco de México. http://www.datatur.sectur.gob.mx/SitePages/VisitantesInternacionales.aspx

International tourists Chart 2. The arrival of international tourists during January-November 2016 was 31.1 million, an increase of 8.8%. In November 2016, international tourists arrivals reached 2.9 millions, which represents an annual increase of 4.9%. This is the highest number for November since 2010.

Chart 2. Monthly Arrival of International Tourists 3.9

2016

2015

3.5

3.3

Million of tourists

3.2 3.1

2.9

2.9 2.7

2.7 2.3

2.7

2.7

2.8 2.6

3.5

2.5

3.0

2.7

2.7 2.5

2.5

2.5

2.8

2.9 2.8

2.3

2.1

1.5 Ene

Feb. Mar. Abr. May. Jun.

Jul.

Ago. Sep.

Source: Balance of payments, Banco de México. http://www.datatur.sectur.gob.mx/SitePages/VisitantesInternacionales.aspx

1

Oct. Nov.

Million tourists

2015

28.6

2016

31.1

* NOTE: In the charts, the sum of monthly data may not correspond to the cumulative period, due to rounding .

2.4

1.9

JanuaryNovember

Dic.

Change %

8.8%

Foreign Currency Income by International visitors Chart 3. The income of foreign exchange from international visitors during JanuaryNovember 2016 was 17,446 million dollars, an increase of 10.3%.

Feb Mar Apr May Jun

Jul

Aug

Sep

Oct

1,912.3

JanuaryNovember

Million dollars

2015

15,821

2016

17,446

Change %

10.3%

* NOTE: In the charts, the sum of monthly data may not correspond to the cumulative period, due to rounding .

1,407.5

1,385.7

1,015.0

700 Jan

1,209.2

1,150.2

1,445.2 1,286.8

1,583.2

900

1,585.8

1,815.6

1,684.0 1,513.2

1,617.4

1,899.7

1,638.5

1,503.9 1,393.1

1,100

1,550.7

1,300

1,750.2

1,500

1,598.6

1,700

Nov Dec

Source: Balance of payments, Banco de México. http://www.datatur.sectur.gob.mx/SitePages/VisitantesInternacionales.aspx

Tourism Balance by International visitors Chart 4. The balance of international visitors during January-November of 2016 recorded 8,185 million, an amount 22.1% above of the observed in the same period of 2015. The balance is composed of the foreign exchange earnings of international travelers minus total spending of national travelers abroad.

Chart 4. Monthly Result of Tourism Balance from International Visitors

1,200 1,100 1,000 Million of dollars

Millon of Dollars

1,900

1,513.9

2,100

1,719.9

2,300

Chart 3. Montly Income of Foreing Currency to Mexico from International Visitors 2015 2016

977

900

880

800

731

700 600

844

1,112 1,021

2015

930

880 878

867 690 666

725

685

674

557

500

2016

490 502

454

400

358

300 200

307 241

351

100 Jan

Feb Mar Apr May Jun

Jul

Aug Sep

Source: Balance of payments, Banco de México. http://www.datatur.sectur.gob.mx/SitePages/VisitantesInternacionales.aspx

2

Oct Nov Dec

JanuaryNovember

Million dollars

2015

6,705

2016

8,185

* NOTE: In the charts, the sum of monthly data may not correspond to the cumulative period, due to rounding .

Change %

21.1%

Average Expenditure of International tourists by air Chart 5. The average monthly expenditure of international tourists by air was 932.8 dollars during January-November 2016, an amount 1.2% above of the observed in the same period of 2015. Among the factors explaining this evolution are the appreciation of the dollar against the Mexican peso. Chart 5. Average Expenditure (international tourists by air) 1,010.00 997.88

2015

2016

983.66 970.00 953.31 952.45 957.94 940.88951.29 958.10 945.01 938.70 933.92 930.00 925.71 921.18 916.52 908.47 902.51 902.17 901.85 890.00 867.45 868.17 855.87

850.00 Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

JanuaryNovember

Dollars

2015

921.7

2016

932.8

Change %

1.2%

* NOTE: In the charts, the sum of monthly data may not correspond to the cumulative period, due to rounding .

863.73 Oct

Nov

Source: Balance of payments, Banco de México. http://www.datatur.sectur.gob.mx/SitePages/VisitantesInternacionales.aspx

Foreign Visitors by air (main countries of residence) Chart 6. In January-November of 2016, the arrival of foreign air-coming visitors who reside in the United States, accounted for 59.4%.

10.4% 3.3% 2.4% 2.4%

59.4%

From Latin America and the Caribbean, the country of residence with the highest number of foreign arrivals into México was Argentina and Colombia with 2.4% of total.

22.1% U.S. Canada United Kingdom Argentina

Note: Figures refers to events because the same person may have entered the country in more than one occasion. "Other" includes the remaining countries, the "unspecified" and the "Foreigners with residence in Mexico".

Colombia

Other

Source: Migration Policy Unit, SEGOB. http://www.datatur.sectur.gob.mx/SitePages/Visitantes%20Por%20Nacionalidad.aspx

3

Foreign passengers arriving by Air (American) Chart 7. The arrivals of American residents by air to Mexico increased 11.7% in JanuaryNovember 2016 in comparison to the same period 2015, reaching 8.6 million passengers who arrived mainly by Cancun Airport, followed by Mexico City Airport.

Chart 7. American Residents per Airport 4,000,000

2015

2016

3,500,000

JanuaryNovember

Passengers

2015

7,690,025

2016

8,591,462

3,000,000

11.7%

972,934

960,299

736,111

627,304

818,399

698,352

1,155,775

500,000

1,010,339

1,000,000

1,364,319

1,500,000

1,126,604

2,000,000

3,543,924

3,267,127

Passengers

2,500,000

Change %

0 Cancún, Q. Roo

Ciudad de México (AICM)

Los Cabos, B.C.S.

Puerto Vallarta, Jal.

Guadalajara, Jal.

Others

Source: Migration Policy Unit, SEGOB. http://www.datatur.sectur.gob.mx/SitePages/Visitantes%20Por%20Residencia.aspx

Foreign passengers arriving by Air (Canadian) Chart 8. The arrivals of Canadian residents by air to México were 0.5% lower during JanuaryNovember 2016 in comparison with the same period of 2015, reaching 1,496,364 passengers who arrived mainly by Cancun Airport, followed by Puerto Vallarta Airport.

Chart 8. Canadian Residents per Airport 900,000

2015

2016

800,000 700,000

126,270

127,163

36,720

28,190

106,060

110,728

119,594

100,000

88,924

200,000

272,938

300,000

277,728

400,000

834,782

500,000

856,626

Passengers

600,000

0 Cancún, Q. Roo

Puerto Ciudad de Vallarta, Jal. México (AICM)

Los Cabos, B.C.S.

Huatulco, Oax.

Source: Migration Policy Unit, SEGOB. http://www.datatur.sectur.gob.mx/SitePages/Visitantes%20Por%20Residencia.aspx

4

Others

JanuaryNovember

Passengers

2015

1,489,359

2016

1,496,364

Change %

0.5%

Main airports Figure 1. In January-November 2016 the airports with the highest number of foreign passengers were: Cancún (6,295,131); Ciudad de México (3,187,975); Los Cabos (1,281,894); Puerto Vallarta (1,136,000); y Guadalajara (791,442), which represents 90.7% of all foreign passengers.

Airport on Quintana Roo State International Passengers January-November 2015 2016 var % Cancún 5,897,054 6,295,131 6.8%

Airport on Baja California Sur State International Passengers January-November Los Cabos 2015 2016 var % B.C.S. 1,144,269 1,281,894 12.0%

Airports on Jalisco State International Passengers January-November 2015 2016 var % Puerto Vallarta 1,021,7391,136,000 11.2% Guadalajara 668,957 791,442 18.3%

Airport on Mexico City International Passengers January-November 2015 2016 var % Cd. México 2,732,337 3,187,975 16.7%

Source: Migration Policy Unit, SEGOB. http://www.datatur.sectur.gob.mx/SitePages/Visitantes%20Por%20Residencia.aspx

Note: Figures refers to events because the same person may have entered the country in more than one occasion. From this date only the residence of international passengers is considered and the nationality of the passengers is not longer used.

5

Percentage of Hotel Occupation Chart 9. The percentage of hotel occupation of a group of 70 resorts during JanuaryNovember of 2016 was 60.3%, 0.8 percentage points higher in comparison to the same period last year. 62%

Chart 9. Percentage of Hotel Occupation

Rate

60% 58%

NOTE : The occupation is a weighted average.

59.6% 60.3%

56% 54% 52% January-November 2015

January-November 2016

Source: Information of 70 resorts monitored by the Mexico’s Tourism Information Statistics National System, DataTur. http://www.datatur.sectur.gob.mx/SitePages/ActividadHotelera.aspx

Arrival of tourists to Hotels Chart 10. During January-November of 2016, the arrival of domestic tourists to hotel rooms was over 50.4 million tourists (74.8%), the remaining arrivals (25.2%) correspond to foreign tourists. Gráfica 10. Arrivals of tourist to hotel rooms 67.4

68.0 62.0

Million of tourist

56.0 50.0

63.6

(74.8%) (74.8%) 50.4 48.0

JanuaryNovember 2015 JanuaryNovember 2016

44.0 38.0 32.0

(25.2%)

26.0

17.0

20.0

15.6

14.0 8.0 2.0 Domestic

Foreing

Total

Source: Information of 70 resorts monitored by the Mexico’s Tourism Information Statistics National System, DataTur. http://www.datatur.sectur.gob.mx/SitePages/ActividadHotelera.aspx

6

Air Transportation Chart 11. The number of passengers arriving by air during January-November 2016 was 56.7 million passengers, representing five million 695 thousand passengers additional (11.2%) in comparison to the same period last year.

Chart 11. Total Passengers 2016

Thousands of people

6,000 5,500

5,000 4,500 4,000 3,500

2015

6,092

6,500

5,572

5,221 5,309 5,059 4,861

5,387 5,122 4,927 5,463 5,377 4,663 5,094 4,473 4,836 4,7004,5984,6114,690 4,557 4,404 4,082 3,955

JanuaryNovember

Million passengers

2015

51.0

2016

56.7

Change %

11.2%

3,000 Jan

Feb Mar Apr May Jun

Jul

Aug Sep Oct Nov Dec

Source: General Coordination of Ports and Merchant Navy, Ministry of Communication and Transportation (SCT). http://www.datatur.sectur.gob.mx/SitePages/Actividades%20En%20Crucero.aspx

Chart 12. The number of passengers arriving by air on domestic flights during JanuaryNovember 2016 was 37.9 million passengers, representing 4.2 millions of additional passengers (12.6%), in comparison to the same period of the last year.

Chart 12. Passengers in Domestic Flights 4,500

4,147

2016

3,887

4,000 Thousands of people

2015

3,5703,658 3,4563,463 3,365 3,338 3,500 3,680 3,208 3,052 3,471 3,414 3,000 3,230 2,774 3,150 3,1073,058 2,9513,003 2,888 2,500 2,705 2,432

JanuaryNovember

Million passengers

2015

33.6

2016

37.9

2,000 1,500

Jan Feb Mar Apr May Jun

Jul

Aug Sep Oct Nov Dec

Source: General Coordination of Ports and Merchant Navy, Ministry of Communication and Transportation (SCT). http://www.datatur.sectur.gob.mx/SitePages/Actividades%20En%20Crucero.aspx

7

Change %

12.6%

Chart 13. In January-November of 2016, the number of passengers arriving by air on international flights increased 8.4%, with 18.7 million passengers, exceeding for one million 451 thousand passengers the amount of January-November of 2015.

Chart 13. Passengers on International Flights 2016

1,945

1,944 1,900

1,874

Thousands of people

1,699 1,650

2015

1,699

1,654 1,602 1,749

1,685 1,782

1,552

1,632

1,523

1,400

1,962 1,729

1,758

1,623 1,324

1,595 1,505

1,607 1,408

1,150

1,194

900 Jan

Feb Mar Apr May Jun

Jul

Preliminary figures. Source: Airports and Auxiliary Services. http://www.datatur.sectur.gob.mx/SitePages/TrasnAerea.aspx

Aug Sep

8

Oct Nov Dec

JanuaryNovember

Million passengers

2015

17.3

2016

18.7

Change %

8.4%

Maritime transportation Chart 14. During January-November 2016, the number of cruise passengers was 5.6 million passengers; this is an increase of 7.7% in comparison to the same period of last year.

Chart 14. Monthly Arrival of Passengers by Cruise 2016

2015

700

725 670

645 588

604

566

600

442

364

357

380

Apr May

Jun

Jul

Aug

Sep

200

Thousand pasengers

2015

5,204.0

2016

5,603.6

Change %

7.7%

704

JanuaryNovember

501

389

Feb

404

Jan

341 332 343 344 328

564

300

608

400

720

500

613

Thousands of people

800

100 Mar

Oct

Nov

Dec

Source: Directorate General of Ports and Merchant Navy, Ministry of Communication and Transportation (SCT). http://www.datatur.sectur.gob.mx/SitePages/Actividades%20En%20Crucero.aspx

Chart 15. The number of cruise’s arrivals in January-November 2016 increased 2.7% with respect to the same period of previous year, reaching 1.9 thousands.

Chart 15. Monthly Cruise's Arrivals 2016

2015 275

267 229

250

242

229

210

102

Jun

Jul

Aug

125

102

50

106 106 105 115

110

Feb

133 Jan

125

207

100

242

150

266

171

242

Arrivals

200

180

300

JanuaryNovember

Arrivals

2015

1,905

2016

1,957

Mar

Apr May

Sep

Oct

Nov

Dec

Source: Directorate General of Ports and Merchant Navy, Ministry of Communication and Transportation (SCT). http://www.datatur.sectur.gob.mx/SitePages/Actividades%20En%20Crucero.aspx

9

Change %

2.7%

Main ports Figure 2. Ports that received the highest number of passengers were the following: Cozumel, Ensenada and Majahual; representing 77.1.0% of total arrivals during January-November 2016.

Ensenada January-November 2015 2016 var % Passengers 635,012 584,639 -7.9% Arrivals 255 228 -10.6%

Cozumel January-November 2015 2016 var % Passengers 2,997,775 3,203,456 6.9% Arrivals 950 973 2.4%

Cabo San Lucas January-November 2015 2016 var % Passengers 327,616 340,318 3.9% Arrivals 147 149 1.4%

Majahual

Puerto Vallarta January-November 2015 2016 var % Passengers 270,293 302,505 11.9% Arrivals 113 126 11.5%

January-November 2015 2016 Passengers 351,892 533,671 Arrivals 136 173

Source: Directorate General of Ports and Merchant Navy, Ministry of Communication and Transportation (SCT). http://www.datatur.sectur.gob.mx/SitePages/Actividades%20En%20Crucero.aspx

10

var % 51.7% 27.2

RESULTS OF TOURISM ACTIVITY Year (January-December) Change % Accumulated (January-November) Change % 2013 2014 2015 15/14 2015 2016 16/15 International travelers balance (Banco de México) Million dollars Inbound traveler expenditures 13,949.0 16,208.4 17,733.7 9.4% 15,821.4 17,445.9 10.3% Million dollars Outbound traveler expenditures 9,122.4 9,605.8 10,098.1 5.1% 9,115.9 9,261.2 1.6% International travelers balance Million dollars 4,826.6 6,602.6 7,635.6 15.6% 6,705.5 8,184.7 22.1% International travelers to Mexico (Banco de México) Number of travelers (Thousand) International visitors Thousand 78,100.2 81,042.1 87,128.6 7.5% 78,659.1 85,292.1 8.4% International tourists Thousand 24,150.5 29,345.6 32,093.3 9.4% 28,559.5 31,084.4 8.8% Long-stay tourists Thousand 14,561.9 15,999.9 18,307.2 14.4% 16,049.9 17,928.0 11.7% Border tourists Thousand 9,588.6 13,345.7 13,786.1 3.3% 12,509.6 13,156.4 5.2% Same-day travelers Thousand 53,949.7 51,696.5 55,035.3 6.5% 50,099.6 54,207.8 8.2% In border area travelers Thousand 49,394.2 45,911.2 48,920.5 6.6% 44,721.2 48,343.1 8.1% In cruises travelers Thousand 4,555.4 5,785.2 6,114.8 5.7% 5,378.4 5,864.7 9.0% Inbound travelers expenditure (Million dollars) International visitors Million dollars 13,949.0 16,208.4 17,733.7 9.4% 15,821.4 17,445.9 10.3% International tourists Million dollars 11,853.8 14,320.0 15,825.7 10.5% 14,083.2 15,679.7 11.3% Long-stay tourists Million dollars 11,311.5 13,579.9 15,035.0 10.7% 13,364.2 14,976.8 12.1% Border tourists Million dollars 542.2 740.1 790.7 6.8% 719.0 702.9 -2.2% Same-day travelers Million dollars 2,095.2 1,888.4 1,908.0 1.0% 1,738.3 1,766.2 1.6% In border area travelers Million dollars 1,737.1 1,469.6 1,508.9 2.7% 1,384.5 1,414.7 2.2% In cruises travelers Million dollars 358.1 418.8 399.2 -4.7% 353.8 351.5 -0.7% Average expenditure (dollars) International visitors Dollars 178.6 200.0 203.5 1.8% 201.1 204.5 1.7% International tourists Dollars 490.8 488.0 493.1 1.1% 493.1 504.4 2.3% Long-stay tourists Dollars 776.8 848.8 821.3 -3.2% 832.7 835.4 0.3% Border tourists Dollars 56.5 55.5 57.4 3.4% 57.5 53.4 -7.0% Same-day travelers Dollars 38.8 36.5 34.7 -5.1% 34.7 32.6 -6.1% In border area travelers Dollars 35.2 32.0 30.8 -3.6% 31.0 29.3 -5.5% In cruises travelers Dollars 78.6 72.4 65.3 -9.8% 65.8 59.9 -8.9% Arrival of passengers on domestic and international flights (ASA) Total Passengers arriving by air Thousands 46,122.1 49,955.8 56,367.6 12.8% 50,990.9 56,685.9 11.2% International flights Thousands 15,703.3 17,125.6 19,279.3 12.6% 17,316.9 18,767.9 8.4% Domestic flights Thousands 30,418.8 32,830.2 37,088.3 13.0% 33,674.1 37,918.0 12.6% Foreign visitors by air and country of residence (Unidad de Política Migratoria) United States of America Thousands 6,630.3 7,348.5 8,604.6 17.1% 7,690.0 8,591.5 11.7% Canada Thousands 1,574.3 1,646.2 1,707.8 3.7% 1,489.4 1,496.4 0.5% Movements cruise (SCT, Dirección General de Puertos) Passenger in cruices Thousands 4,348.9 5,563.1 5,929.2 6.6% 5,204.0 5,603.6 7.7% Cruise's arrivals Number 1,622.0 2,091.0 2,180.0 4.3% 1,905.0 1,957.0 2.7% Hotel business** (SECTUR) Percentaje of hotel accupation Percentage 55.6 57.1 59.6 2.47 59.6 60.3 0.8 Arrival of tourists to hotel rooms Thousands 62,394.0 65,000.0 68,791.0 5.8% 63,573.7 67,381.1 6.0% Number of tourist jobs*** (SECTUR based on ENOE) Tourism employment Thousands 3,628.2 3,641.0 3,803.4 4.5% 3,754.6 3,925.4 4.5% Quarterly Indicator of Tourism Activity* (index 2008=100, seasonally adjusted series) INEGI. Second Quarter Tourism GDP Annual percentages 1.9 1.3 4.8 4.8 4.7 3.4 N.A. Goods Annual percentages -3.6 -7.0 7.5 7.5 4.3 4.5 N.A. Services Annual percentages 3.0 3.1 4.1 4.1 4.7 3.2 N.A. Internal tourism consumption Annual percentages 1.9 0.5 7.5 7.5 6.5 6.1 N.A. Domestic tourism consumption Annual percentages 1.1 -1.5 4.2 4.2 3.4 3.6 N.A. Inbound tourism consumption Annual percentages 9.3 15.7 30.0 30.0 28.9 19.6 N.A. * Annual percentage change data for the last quarter of the current year compared to the last quarter of the previous year. 17/01/2017 ** A report from the Hotel Occupancy monitored weekly in 70 centers. Changes in percentage points in the case of hotel occupancy. *** Quarterly figures, excluding induced employment. NA Not apply Sources: Banco de México. ASA e INEGI, UPM, SCT, SECTUR. Subject

Unit of measurement

11

Macroeconomic Indicators

International Global economic growth remains weak: •

In advanced economies there is a moderate recovery.

•

The United States showed an acceleration in its growth rate, driven by private consumption that has been benefited by a greater dynamism in the labor market.

•

Global trade and investment have been weak, limiting the advances in labour productivity and wages that are required to support sustainable consumption growth.

However, fiscal policies, both implemented and proposed, could, if effective, catalyse private economic activity and push the global economy to a modestly higher growth rate of around 3.5% by 2018. In order to ensure the exit from the low-growth equilibrium, there is a need for effective and collective policy efforts to support aggregate demand in the short term and raise potential growth in the longer term. National During the period January-September 2016, GDP recorded growth of 2.3 percent in real terms compared to the same period in 2015. By excluding the seasonal effect, GDP in the third quarter of 2016 grew at an annual rate of 2.0 percent , While the increase was 1.0 percent in quarterly terms. Inside, the following results were observed, considering seasonally adjusted figures: • Primary activities increased at an annual rate of 4.8 percent over the same quarter of 2015. • Secondary activities decreased 0.9 percent in relation to the same quarter of 2015. • For its part, tertiary activities grew by 3.3 percent during the third quarter of 2016.

12

Macroeconomic Indicators Macroeconomic Perspective on Key Indicators of Mexico Inflation (% dec/dec) 2016 2017 3.16 3.44 3.41 3.20

Gross Domestic Product

Entity International Monetary Fund OCDE Banco de México Survey Ministry of the Treasury and Public Credit

Constant prices (percent change) 2016 2017 2.09 2.33 2.27 3.37 2.08 1.60 2.0 a 2.6 2.0 a 3.0

3.14 3.51 4.13 3.00

Source: IMF, World Economic Outlook Database (october 2016); OECD, Economic Outlook (2016/10); Banco de México, Expectations Survey Economic Specialist Private Sector (16/12/16); Secretaría de Hacienda y Crédito Público, General Criteria for Economic Policy 2017 (September, 2016)

KEY ECONOMIC INDICATORS OF MEXICO Entries General Economic Activity and Services Identified with Tourism Gross Domestic Product . Millions of current pesos . Constant prices annual variations in % Tertiary activities - Air Transportation (481) . Millions of current pesos . Constant prices annual variations in % - Temporary Lodging Services (721) . Millions of current pesos . Constant prices annual variations in % - Food and Beverages Preparation Services (722) . Millions of current pesos . Constant prices annual variations in % People Employed in the Tourism Sector (SECTUR)* Employees insured by IMSS (average of the period) .Permanent .Non-permanent (urban and field) Unemployment National Rate ** (closing of the period) . Total Percentage of PEA National Price Index (closing of the period) Consumer (percent variation) . Air transport (percent variation) . Hotel (percent variation) . Package Tourist Services (percent variation) . Restaurants (percent variation) Exchange Rate (peso / dollar) . Average of the period . Coincident Indicator . Forward Indicator .Confidence Consumer Index

2011

2012

2013

2014

2015

2016-I

2016-II

2016-III

14,550,014 4.0

15,626,907 4.0

16,118,031 1.4

17,258,964 2.3

18,241,982 2.6

24,367.51 -0.35

27,720.08 7.31

27,063.27 8.06

34,707.61 9.42

39,827.12 7.70

41,623.22 13.95

47,302.45 18.54

51,497.61 14.97

137,648.4 2.4

151,098.6 8.2

163,717.8 5.6

179,524.8 6.0

200,136.7 5.6

220,283.5 6.7

209,795.5 2.0

221,172.0 3.1

160,237.9 0.8

172,438.0 3.0

177,144.8 185,939.2 -1.7 -0.3 Tourism Employment 3,536,686 3,628,195 3,640,970 Total number of IMSS-Insure Workers 15,856,137 16,409,302 16,990,724 13,637,937 14,123,077 14,570,291 2,218,200 2,286,225 2,420,433

208,668.0 6.1

213,123.9 6.9

213,160.6 2.9

213,160.6 2.8

3,803,442

3,845,089

3,892,090

3,925,427

3,409,804 15,153,643 13,101,612 2,052,031 4.51

4.40

3.82% 7.58% 6.41% 5.72% 4.43%

3.57% -7.74% 1.11% 1.59% 4.20%

4.89 4.28 Exchange Rate and Prices***

17,724,222 15,170,986 2,553,236

Oct-16

Nov-16

18,797,954 16,109,315 2,688,639

18,935,841 16,205,667 2,730,174

18,558,615 19,192,011 19,614,777 2.3 2.6 2.0

18,067,868 18,273,780 18,480,253 15,471,791 15,679,503 15,876,530 2,596,077 2,594,277 2,603,723

4.52

4.04

3.93

4.03

3.56

3.61

2.13% 3.17% 4.18% 7.62% 4.86%

2.60% 3.49% 7.13% 3.81% 4.78%

2.5% 9.6% 5.9% 6.7% 5.3%

3.0% 7.6% 6.8% 5.9% 5.0%

3.1% 4.8% 8.9% 2.4% 5.1%

3.3% 11.7% 6.8% 6.9% 5.1%

12.4233 13.1695 12.7720 13.2925 15.8483 Business Cycle Indicators and Consumer Confidence (montly difference****) 0.060 -0.064 -0.031 0.027 -0.015 0.027 0.094 0.006 -0.094 -0.104 0.113 0.072 -0.266 0.058 -0.017

18.0667

18.0600

18.7282

18.9480

19.9425

-0.002 -0.060 -0.112

0.014 -0.020 -0.157

-0.007 -0.019 -0.187

0.020 -0.127 -0.105

ND ND -0.084

3.97% 0.20% 3.14% 4.90% 3.62%

N.D. Not available. N/A: Not applicable (because the information is only annual and quarterly. No monthly data available for this series). * Quarterly indicator with information of ENOE and CSTM. Fourth quarter data is indicated for annual data. ** Percentage of all the economically active population. Data at the end of the period for annual and monthly figures and average period for quarterly information. *** For prices of the consumer: at the end of the year are annual variations and same month previos year is for monthly data variation. **** Point monthly difference (closing of the period).

Sources: SECTUR, INEGI, STYPS, Banco de México.

13

4.08% 16.72% 4.84% 5.13% 6.03%