Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico’s inflation hits new low in December

Mexico's annual inflation cooled to a fresh record low in early December, showing little impact from a sharply weaker peso currency after the central bank hiked rates for the first time in seven years.

Inflation in the 12 months through mid-December slowed to 2.00 percent, the national statistics institute said on Wednesday, well below the 2.21 percent reached in the full month of November, its seventh consecutive record low.

A poll of analysts by Reuters forecast a rate of 2.05 percent.

Mexico's central bank has said it expects annual inflation to end the year . . .

Read Full Story

Related Posts

Canadian Teen Killed in Puerto Vallarta Stabbing Case

A 19-year-old Canadian man was killed in Puerto Vallarta’s as Jalisco investigators review conflicting early...
Beach Erosion Closes Playa del Carmen Shore Access

Beach Erosion Closes Playa del Carmen Shore Access

Civil Protection closed beach access near It Beach Combo after erosion left waves hitting the...
Playa del Carmen’s Sargassum Fight May Get Costlier

Playa del Carmen’s Sargassum Fight May Get Costlier

Playa del Carmen may raise its environmental sanitation fund as heavier sargassum strains beach cleanup,...
Free Flamingo Documentary Screenings Come to Yucatán

Free Flamingo Documentary Screenings Come to Yucatán

Free screenings of a new flamingo documentary will run May 7–9 in Mérida, Celestún and...