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

Vallarta weighs beach access plan to keep shores public

Puerto Vallarta Redraws Its Federal Beach Zone

Puerto Vallarta updated federal beach-zone maps to clarify concessions, reduce disputes and improve ZOFEMAT fee...
Puerto Vallarta Brings Back Día de la Marina Festivities

Puerto Vallarta Brings Back Día de la Marina Festivities

Puerto Vallarta will mark Día de la Marina with about 80 decorated boats, cultural events,...
Mexico drops from top five in global auto production

Mexico drops from top five in global auto production

Mexico fell to seventh place in global auto assembly as heavy-truck output dropped and U.S....

FGR Plan Takes Aim at Mexico’s Unreported Crimes

The FGR wants more people to report crimes, but Mexico’s hidden-crime gap shows how hard...