Daily Brief | August 21st 2025

#IntercamNews ✅ In Mexico, retail sales declined in June. ✅ Eurozone PMIs show a recovery in activity in August, driven by a rebound in manufacturing (50.5 vs. 49.8 prev) and manufacturing output (52.3), while the services sector eased slightly to 50.7 points (51.0 prev). ✅ The United States and the European Union formalized a pact to reduce tariffs on autos, pharmaceuticals, and semiconductors, while continuing negotiations on steel, aluminum, and investment commitments in strategic sectors.