news agency

Tag: inflation in Mexico

The Bank of Mexico maintains the interest rate at 11.25% and breaks its streak of increases

The Bank of Mexico maintains the interest rate at 11.25% and breaks its streak of increases The Bank of Mexico maintains the interest rate at 11.25% and breaks its streak of increases

The Bank of Mexico (Banxico) this Thursday kept the interest rate unchanged at 11.25%the highest level in its history, in a decision that broke with fifteen consecutive increases given the high levels of inflation. In its announcement, the central bank “He considered that a phase of disinflation has been entered due to the fact that […]

Drop in inflation surprises Mexico but rate hike will persist

Drop in inflation surprises Mexico but rate hike will persist Drop in inflation surprises Mexico but rate hike will persist

Headline inflation in Mexico surprised the market this Thursday with its fourth consecutive biweekly decline, but experts maintain the expectation of a 25 basis point increase in the interest rate at the Bank of Mexico’s (Banxico) monetary policy meeting next week. . The National Institute of Statistics and Geography (Inegi) reported this Thursday that the […]

Mexico promotes plan against inflation with its Latin American allies

Mexico promotes plan against inflation with its Latin American allies Mexico promotes plan against inflation with its Latin American allies

Mexico promotes a plan to face inflation in Latin Americarevealed this Thursday the president Andres Manuel Lopez Obradorwho plans to meet with several of his colleagues to define strategies. López Obrador said that on Wednesday he held telephone talks with his Brazilian counterparts, Luiz Inácio Lula da Silva; Colombia, Gustavo Petro; Cuba, Miguel Díaz-Canel, and […]

Persistent inflation in Mexico “is not cause for alarm,” says López Obrador

Persistent inflation in Mexico “is not cause for alarm,” says López Obrador Persistent inflation in Mexico “is not cause for alarm,” says López Obrador

The Mexican president, Andrés Manuel López Obrador, affirmed this Friday that the persistent rise in inflation “it is not to be alarmed” despite two consecutive months of increases in the rate, which is above its peers in America. “We already think that it is going to drop more, we are not going to stop facing […]

Corn inflation hits the Mexican tamale on Candlemas Day

Corn inflation hits the Mexican tamale on Candlemas Day Corn inflation hits the Mexican tamale on Candlemas Day

The return, after two years of the covid-19 pandemic, of the traditional Mexican celebration of Candelaria Day, which is celebrated this Thursday with tamales as protagonists, has been hit by the increase in prices and the inflation of the corn. According to the National Alliance of Small Merchants (Anpec), the price of tamales has risen […]

President of Mexico promises that inflation will drop “soon” after a rebound

President of Mexico promises that inflation will drop “soon” after a rebound President of Mexico promises that inflation will drop “soon” after a rebound

The Mexican president, Andrés Manuel López Obrador, promised this Friday that “early”inflation will fall after its rebound at the beginning of the year and last December, when it had its highest annual closing in 22 years. “The last increase we had, which was not much either, is due to the fact that we are ending […]

Lack of jobs and inflation, the main concerns of Mexicans

Lack of jobs and inflation, the main concerns of Mexicans Lack of jobs and inflation, the main concerns of Mexicans

The lack of jobs and inflation are the two main concerns of Mexican workers for this 2023, revealed a survey by the Indeed employment portal on Monday. According to this survey, three out of 10 Mexicans (33%) indicated these indicators as their main concerns for this year, followed by a possible recession in the Mexican […]

Immediate Access Pro