In the first two months of the year, Mexico's tax revenue reported a modest real growth of 2.6% compared to the previous year, as stated by the Servicio de Administración Tributaria (SAT). This figure, which totaled over one trillion pesos, surpassed the revenue targets established in the Ley de Ingresos, reaching 102.4% of the expected collection for the period. Specifically, the tax revenues during this time amounted to 1 trillion 21 billion 843 million pesos, exceeding budget projections by approximately 24.2 billion pesos.

Despite this overall positive growth, the SAT's figures indicate a downturn in tax income derived from the collection during February. After a strong performance in January, which saw an annual growth of 11.5%, February is expected to reflect a decline of nearly 8%. This dip raises concerns about the sustainability of tax collections moving forward, particularly as the government relies on these revenues to fund various public services and development programs.

The effects of this drop could have broader implications, especially considering the economic conditions in the country. Policymakers may need to adjust fiscal policies to address potential shortfalls in funding, ensuring that essential services remain uninterrupted. The trend indicates that while initial revenue projections have been met, the underlying economic challenges may continue to pose risks to the stability of tax income in Mexico going forward.