MarketsNotableConfirmed
5.6
Mexico tourism up 4.6% but spillover growth lags at 0.5%
El FinancieroLO·MX·2 days ago
Bahia's tourism activity volume rose 5.9% year-over-year (July 2025–July 2026), far outpacing Brazil's 1% contraction, per IBGE data. The state's expansion is nearly ten times the national average (0.6%), extending a 60-month growth trend. This regional outperformance signals a divergence in Brazil's services sector, with potential implications for state-level fiscal health and national growth composition.