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

Playa del Carmen hair drive turns cuttings into cleanup

Playa del Carmen hair drive turns cuttings into cleanup

Volunteers in Playa del Carmen collected more than 20 kilos of hair to help create...
Sheinbaum moves to cap fuel and food price pressure

Sheinbaum moves to cap fuel and food price pressure

Sheinbaum says Mexico will use fuel support, retailer pressure and PACIC talks to limit new...
Tren Maya free return

New doubts grow over Tren Maya viaduct on Tramo 5 Sur

Fresh reporting raises questions about possible flaws, water infiltration and support problems on the elevated...
Gunman Held After Deadly Playa del Carmen Shooting

Gunman Held After Deadly Playa del Carmen Shooting

A suspect was detained after a fatal shooting in Playa del Carmen. Here is what...