Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico’s Inflation Cools Off in January

Inflation in the 12 months through mid-January eased to 3.08 percent, data from Mexico's national statistics office showed on Thursday. The figure was well below the 4.08 percent in the full month of December and the 3.45 percent expected in a Reuters poll.

Mexico's central bank has said it expects inflation to approach its 3 percent target by midyear, but has said a slump in the peso could add to inflationary pressures.

Mexico's currency has recovered a bit after hitting its weakest in nearly six years this month, but it has lost more . . .

Read Full Story

Related Posts

Nichupté Bridge to open to traffic Wednesday morning

Nichupté Bridge to open to traffic Wednesday morning

Cancún’s Nichupté Bridge opens Wednesday morning with new federal traffic rules, access controls, a reversible...
CFE Bill Clues That Can Help Lower Your Power Costs

CFE Bill Clues That Can Help Lower Your Power Costs

CFE says a few lines on your electricity bill can explain rising costs and help...
Viva Aerobus and Volaris report heavy first-quarter losses

Viva Aerobus and Volaris report heavy first-quarter losses

Viva Aerobus and Volaris lost $145 million in the first quarter as fuel and peso...
Mérida clears market stalls in downtown space push

Mérida clears market stalls in downtown space push

Mérida removed 45 semi-fixed stalls near Lucas de Gálvez market, freeing sidewalk space in a...