Overview
- Banxico said Wednesday that households received $4.468 billion in February, a 0.4% rise from a year earlier.
- Transfers fell 3.2% to 11.3 million operations while the average payment rose 3.7% to about $395, pointing to fewer senders but slightly larger amounts.
- In the first two months of 2026, inflows totaled $9.06 billion, down 0.5% year over year, with 98.8% of funds sent by electronic transfer.
- Goldman Sachs estimates the value of remittances fell about 18.7% in local-currency, inflation‑adjusted terms as the stronger peso reduced purchasing power for receiving families.
- Bank analysts warn near‑term risks include a softer U.S. labor market, tougher migration enforcement and rising energy costs tied to Middle East tensions, which could curb future transfers.