VOLTAR

1. Political parties define state leadership heading into 2027

The national leadership of Morena presented the first five—out of a total of 17—State Coordinators for the Defense of the Transformation, who will represent the party during the gubernatorial renewal process in 2027. These are Nora Ruvalcaba, senator on leave, in Aguascalientes; Pablo Gutiérrez Lazarus, mayor on leave of Ciudad del Carmen, in Campeche; Rosa Bayardo Cabrera, mayor on leave of Manzanillo, in Colima; Santiago Nieto Castillo, former director general of the Mexican Institute of Industrial Property (IMPI), in Querétaro; and Imelda Castro, senator on leave, in Sinaloa. The party leader emphasized that the process adhered to transparency criteria and to the agreements of the National Council; furthermore, it was reiterated that the alliance with the Labor Party (PT) and the Green Party (PVEM) remains stronger than ever, although it was stressed that in certain states each political group will hold its internal candidate designation processes independently, rather than based on the national alliance they maintain.

In the opposition block, the national leader of the National Action Party (PAN), Jorge Romero, reported that the central leadership will evaluate and decide on the formation of electoral alliances on a state-by-state basis, considering local diagnoses to face the 2027 midterm elections. Following this statement, the party’s first state coordinator was revealed: Francisco Pelayo Covarrubias, for the state of Baja California Sur.

El Sol de México: Estos son los coordinadores estatales de Morena que buscarán la gubernatura en 5 estados        
 
Milenio: Dirigencia nacional del PAN decidirá alianzas en estados para elecciones 2027: Jorge Romero

2. Sinaloa has a new interim governor and virtual candidate

The governor on leave of Sinaloa, Rubén Rocha Moya, in an unexpected move, decided to return to the state governorship; however, just 33 hours later, he submitted another leave of absence to the local legislature, this time indefinitely. With this, he ended his attempt to rejoin office after a three-month absence prompted by Department of Justice (U.S. DOJ) investigations into his alleged ties to organized crime. This action drew widespread backlash, starting with the President of the Republic, who labeled the decision as “imprudent,” emphasizing that no personal interest can take precedence over the nation, as well as from the leadership, parliamentary coordinators, and governors of the ruling party, Morena.

Following Rocha Moya’s departure, the Sinaloa Congress approved the appointment of federal deputy on leave Graciela Domínguez Nava as interim governor, who will complete the constitutional term ending October 31, 2027. In parallel, Senator Imelda Castro was designated as Morena’s state coordinator in the entity, automatically positioning her as the party’s candidate for the 2027 electoral process. Furthermore, the Senator for Sinaloa, Enrique Inzunza Cázarez—who is also under investigation by the United States—announced his departure from the Morena caucus in the Senate, though he will remain in office. According to various analysts, these moves could signal increased oversight by the Federal Executive in the state and a distancing from Rocha Moya’s political capital.

El País: Rocha Moya cede a las presiones de Sheinbaum y Morena y deja de nuevo el Gobierno de Sinaloa

Proceso: Graciela Domínguez Nava asume como gobernadora interina de Sinaloa

Vanguardia: Enrique Inzunza se separa de Morena tras ser señalado en EU por presuntos vínculos con ‘Los Chapitos

3. Mexico achieves historic records in foreign trade and foreign investment

Figures from the National Institute of Statistics and Geography (INEGI) showed that Mexican sales abroad reached 81.420 billion dollars in July—an annual increase of 43.7%—highlighted by an extraordinary 134% surge in electrical and electronic equipment and appliances in response to the demand for artificial intelligence infrastructure. At the same time, imports totaled 82.267 billion dollars, generating a monthly deficit of 847.5 million dollars. This trade dynamism was also reflected at the macroeconomic level, placing Mexico’s Gross Domestic Product (GDP) at a quarterly growth of 1.4% in the second quarter of 2026, positioning the country as the sixth most dynamic economy among the members of the Organisation for Economic Co-operation and Development (OECD) and surpassing the organization’s average of 0.5%.

In terms of capital attraction, the Secretariat of Economy reported an all-time high of 34.968 billion dollars in Foreign Direct Investment (FDI) during the first half of the year, representing an annual increase of 2.1%. The report detailed that 88.5% of the total amount ($30.957 billion) corresponded to the reinvestment of earnings from established companies, while new investments totaled 2.726 billion dollars. The manufacturing sector consolidated itself as the primary destination, capturing 38.6% of the flows, followed by financial services with 29%. By origin of capital, the United States remained the main investing partner, accounting for 48.2% of the total ($16.871 billion), followed by Spain, Canada, Australia, and Germany—economies that together concentrated 77% of the FDI received by the country.

El Economista: Comercio exterior de México tiene alza histórica en julio
 
El Financiero: Inversión extranjera directa (IED) en México alcanza nivel histórico al cierre del primer semestre

4. Ahead of the start of legislative work, several initiatives are announced

Ahead of the start of the regular session on September 1, the Congress of the Union is preparing to address an agenda of 31 legal instruments, prioritizing the reforms promoted by President Claudia Sheinbaum. Notable among the projects are amendments to the General Law of Ecological Equilibrium and Environmental Protection—aimed at strengthening environmental justice, restoration programs, and strategic assessments—the General Law on Animal Protection, and the enactment of the General Law to Prevent, Investigate, and Punish the Crime of Femicide. Added to this package is the initiative to reform Articles 82, 116, and 122 of the Constitution to expressly prohibit anyone aspiring to the Presidency of the Republic, state governorships, or the Headship of Government of Mexico City from holding dual nationality, requiring candidates to previously renounce any other citizenship.

It will be during this weekend and the beginning of next week when the caucuses in Congress hold their plenary meetings and define the agenda they will pursue during the upcoming regular session. Furthermore, they must also renew the Executive Boards (Mesas Directivas) of both Chambers.

La Jornada: Sheinbaum va por ley que afronte los nuevos desafíos ambientales
 
Aristegui Noticias: Sheinbaum presenta iniciativa para eliminar doble nacionalidad de presidentes y gobernadores

5. Mexico’s economic outlook improves

n presenting its Quarterly Report, the Bank of Mexico (Banxico) raised its economic growth forecast for the country in 2026 from 1.1% to 1.5% as a midpoint, placing the forecast range between 1% and 2%. The central bank’s governor, Victoria Rodríguez Ceja, explained that the revision responds to a moderate acceleration of economic activity driven by the resilience of domestic consumption, in an environment of economic slack that will continue throughout the forecast horizon despite the observed weakening in investment. The technical update reflects a cautious but more favorable stance on the evolution of Gross Domestic Product compared to the estimates formulated during the first quarter of the year.

For its part, the National Institute of Statistics and Geography (INEGI) reported that annual headline inflation accelerated slightly to 3.26% during the first half of August, driven by seasonal increases in frequently consumed agricultural products such as onions, serrano peppers, and eggs. Despite the uptick, the general index remained within Banxico’s tolerance range (3%), while core inflation—which measures the medium-term trend by excluding volatile prices—decelerated to 3.93% annually. These indicators supported the Governing Board’s recent decision to maintain the benchmark interest rate at 6.5%, evaluating that no inflationary pressures arising from aggregate demand are anticipated.

El Universal: Banxico mejora PIB a 1.5% para 2026; lo recorta para 2027 ante incertidumbre sobre T-MEC

Animal Político: Inflación en México sube a 3.26% en agosto 2026: cebolla y huevo se encarecen