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Last updateFri, 17 Nov 2017 11am

Sales tax levied on Oxxo, 7-11 take-out foods

Prepared food sold at Oxxo, 7/11 and other mini-supermarkets and convenience stores will be subject to 16 percent sales tax (IVA) as of July 1.   This includes hot dogs, pizzas, tacos, gorditas, flautas and any other items prepared for immediate consumption, either on the store’s premises or otherwise. The tax is an extension of the 2013 fiscal reform package which removed IVA exemptions on certain foods.

Financial indicators as of Thursday, June 11, 2015

–Mexican Stock Market (BMV) opened at 44,578.28, a decrease of 154.44 points from Thursday, June 4, 2015.

–Interest paid on 28-day Treasury Certificates (CETES) was down at 2.96 percent from Thursday, June 4, 2015.

–Bank Interest paid on 28-day 10,000 to 50,000 peso Promissory Notes was unchanged ranging from 1.00 to 2.17 percent. 

–U.S. dollar traded Thursday at 14.75 pesos buy, 15.80 pesos sell.

–Canadian dollar traded at 11.60 pesos buy, 12.80 pesos sell.

–Euro traded at 16.90 pesos buy, 17.95 pesos sell.

–Gold (1 oz) Mexic o: 18,342.26 pesos; New York: 1,192.77 U.S.

–Oil (brl) Mexican mix: 58.04 U.S.; West Texas Intermediate: 61.43 U.S.

–Inflation May 2015: 0.50 percent.

–Annual Inflation (from May. 2014 to May. 2015): 2.88 percent.

Financial indicators as of Thursday, June 4, 2015

–Mexican Stock Market (BMV) opened at 44,732.72, an increase of 50.13 points from Thursday, May 28, 2015.

–Interest paid on 28-day Treasury Certificates (CETES) was down at 2.97 percent from Thursday, May 28, 2015.

–Bank Interest paid on 28-day 10,000 to 50,000 peso Promissory Notes was unchanged ranging from 1.00 to 2.17 percent. 

–U.S. dollar traded Thursday at 14.75 pesos buy, 15.80 pesos sell.

–Canadian dollar traded at 11.50 pesos buy, 12.70 pesos sell.

–Euro traded at 17.05 pesos buy, 18.10 pesos sell.

–Gold (1 oz) Mexic o: 18,233.75 pesos; New York: 1,193.67 U.S.

–Oil (brl) Mexican mix: 56.55 U.S.; West Texas Intermediate: 59.64 U.S.

–Inflation April 2015: 0.67 percent.

–Annual Inflation (from April. 2014 to April. 2015): 3.06 percent.

Financial indicators as of Thursday, May 28, 2015

–Mexican Stock Market (BMV) opened at 44,682.59, a decrease of 600.88 points from Thursday, May 21, 2015.

–Interest paid on 28-day Treasury Certificates (CETES) was steady at 2.99 percent from Thursday, May 21, 2015.

–Bank Interest paid on 28-day 10,000 to 50,000 peso Promissory Notes was unchanged ranging from 1.00 to 2.17 percent. 

–U.S. dollar traded Thursday at 14.65 pesos buy, 15.70 pesos sell.

–Canadian dollar traded at 11.35 pesos buy, 12.55 pesos sell.

–Euro traded at 16.30 pesos buy, 17.35 pesos sell.

–Gold (1 oz) Mexico: 18,169.34 pesos; New York: 1,188.97 U.S.

–Oil (brl) Mexican mix: 54.96 U.S.; West Texas Intermediate: 57.51 U.S.

–Inflation April 2015: 0.67 percent.

–Annual Inflation (from April. 2014 to April. 2015): 3.06 percent.

Financial indicators as of Thursday, May 21, 201

–Mexican Stock Market (BMV) opened at 45,283.47, an increase of 245.33 points from Thursday, May 14, 2015.

–Interest paid on 28-day Treasury Certificates (CETES) was up at 2.99 percent from Thursday, May 14, 2015.

–Bank Interest paid on 28-day 10,000 to 50,000 peso Promissory Notes was unchanged ranging from 1.00 to 2.17 percent. 

–U.S. dollar traded Thursday at 14.50 pesos buy, 15.55 pesos sell.

–Canadian dollar traded at 11.50 pesos buy, 12.70 pesos sell.

–Euro traded at 16.50 pesos buy, 17.55 pesos sell.

–Gold (1 oz) Mexico: 18,378.73 pesos; New York: 1,212.71 U.S.

–Oil (brl) Mexican mix: 56.09 U.S.; West Texas Intermediate: 58.98 U.S.

–Inflation April 2015: 0.67 percent.

–Annual Inflation (from April. 2014 to April. 2015): 3.06 percent.