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

Erotic Sculptures on Vallarta Malecón Stir Debate

Erotic Sculptures on Vallarta Malecón Stir Debate

Erotic sculptures installed on Puerto Vallarta’s Malecón for Art Week drew complaints and reopened debate...
Puerto Vallarta yellow flags

Puerto Vallarta Raises Red Tide Warnings at 4 Beaches

Puerto Vallarta posted purple warning flags at four beaches over red tide conditions, adding fresh...
Mexico and US Set New T-MEC Talks in Mexico City

Mexico and US Set New T-MEC Talks in Mexico City

Mexico and the U.S. will hold the next T-MEC pre-review talks on April 19 and...
Flex ties $1 billion Mexico bet to AI data centers

Flex ties $1 billion Mexico bet to AI data centers

Flex will invest $1 billion in Mexico through 2028 to expand AI and data-center equipment...