Puerto Vallarta News

Puerto Vallarta News

Mexico closes 2022 with the highest inflation rate in 22 years

The Mexican economy registered an annual inflation rate of 7.82 percent in December, data that meant its highest year-end closing since 2000, according to Inegi.

Throughout 2022, the finances of Mexicans suffered from the increase in the cost of goods and services, which linked two year-ends outside the target range of the Bank of Mexico (Banxico), which is 3 percent +/- one percentage point.

Although it was its highest closing of the year since 2000, the data was below the 7.88 percent estimated by analysts consulted by Citibanamex in its most recent . . .

Read Full Story

Related Posts

Mexico Sets Course to Become a Green Marine Fuel Hub

Mexico Sets Course to Become a Green Marine Fuel Hub

Mexico aims to become a regional hub for near-zero-emission marine fuels, leveraging new port projects...
Mexico Remittances Fall After 11-Year Growth Streak

Mexico Remittances Fall After 11-Year Growth Streak

Remittances to Mexico dipped in 2025, ending 11 years of growth as U.S. economic risks...
Milpa Alta forest guardians protect Mexico City’s green lung

Milpa Alta forest guardians protect Mexico City’s green lung

In Milpa Alta on Mexico City’s outskirts, a 12-man volunteer team patrols 1,500 hectares of...