Puerto Vallarta News

Puerto Vallarta 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

Expats urge closure of Animalandia on Playa's Fifth Ave

Expats urge closure of Animalandia on Playa’s Fifth Ave

Change.org petition shared by Playa del Carmen expats urges closure of Animalandia, alleging wildlife is...
Mexico Vows Not to Cede Control of Critical Minerals

Mexico Vows Not to Cede Control of Critical Minerals

Claudia Sheinbaum says Mexico won’t cede control of its lithium and other critical minerals. She...
Mexican Navy seizes 4.5 tons of cocaine in Pacific with U.S. Coast Guard Assistance

Mexican Navy seizes 4.5 tons of cocaine in Pacific with U.S. Coast Guard Assistance

Mexican Navy and US Coast Guard intercepted a boat west of Isla Clarión, detaining five...

What’s happening this weekend in Puerto Vallarta

Your three-day Puerto Vallarta Valentine plan: chalk art, Saturday markets, book-now beachfront dinners, and Sunday...