Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

mexico-inflation

Mexican inflation remains below central bank target

Mexico's annual inflation rate rose less than expected in the first half of April, remaining below the central bank's target and giving policymakers room to keep interest rates unchanged.

Inflation in the 12 months through mid-April MXCPHI=ECI was 2.60 percent, the national statistics institute said on Friday, below a forecast 2.71 percent rate in a Reuters poll and up from 2.49 percent in the second half of March.

Mexico's central bank expects inflation to rise slightly above its 3 percent target sometime in 2016, but fall back toward the target by the . . .

Read Full Story

Related Posts

Olas Altas Beach stands under a red flag

Puerto Vallarta issues red flags across key tourist beaches

Eight Puerto Vallarta beaches flew red or mixed flags on Feb. 20 as lifeguards warned...
Playa del Carmen home demand is turning more permanent

Playa del Carmen home demand is turning more permanent

More buyers are moving to Playa del Carmen to live year-round, nudging developers beyond vacation...
Los Cabos courts Gulf travelers with premium air plans

Los Cabos courts Gulf travelers with premium air plans

Los Cabos is targeting higher-spend visitors and keeping Emirates talks alive as it plans longer-term...
kovay

Mexico probes Kovay Gardens resort after US sanctions

Mexico’s FGR and UIF are investigating Kovay Gardens near Puerto Vallarta after U.S. sanctions tied...