Remittances – New historical high in May on seasonality and the US job market
-
Remittances totaled US$5,172.5 million (+14.3% y/y), reaching a new historical high. Dynamism was driven by operations
-
Sequentially, inflows deaccelerated marginally on a tougher base, still underpinned by labor market dynamism in the US
-
Inflows remain strong, helping us reaffirm our positive view. However, given recession fears, risks are rising
You can read this report by subscribing to a Starter or Pro plan today.
Already have an account? Log in
Most Read
Disclosures
This publication is being distributed by Tellimer solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.
This publication is not intended for distribution to, or use by, any person or entity in any jurisdiction in any country where such distribution or use would be contrary to law or regulation, or which would subject Tellimer to any registration requirement within such jurisdiction or country.