Mexico Reports Positive April Economic Indicators: Peso Strengthens to 17.26, Tourism Up 9.3%, Grupo Modelo $3.6B Investment

Sheinbaum's April 10 mañanera highlighted a strong set of economic indicators for Mexico. The peso strengthened further to approximately 17.26 MXN/USD — its strongest level since late 2025 — reflecting continued investor confidence in Mexico's USMCA exemption from broader U.S. tariff pressure and dollar weakness globally. International tourism grew 9.3% year-over-year to 16.9 million visitors in the first quarter of 2026, driven by near-shoring-related business travel and continued leisure tourism. Vehicle sales and industrial output also rose. In a major private sector announcement, Grupo Modelo (AB InBev's Mexican subsidiary) announced a 3.6 billion dollar modernization investment covering its production facilities through 2025–2027, representing one of the largest single FDI commitments in Mexico's beverage sector. The INE and the Financial Investigation Unit (UIF) signed a new agreement to deepen campaign finance oversight, enabling real-time monitoring of political party accounts to detect illicit money flows before the 2027 midterm elections.