Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico’s Inflation Retreats in Early November

Mexico's annual inflation retreats in early November, bolstering expectations for steady borrowing costs ahead, even as it remained above the central bank's tolerance ceiling for a fifth month running.

Mexican inflation for the 12 months through the first half of November was 4.16 percent, data from the national statistics institute showed on Monday, below the 4.20 percent expected in a Reuters poll.

Annual inflation in Mexico accelerated to a nine-month high of 4.3 percent in October, but Central Bank Governor Agustin Carstens has said the pace of consumer price gains will fall below the . . .

Read Full Story

Related Posts

Hotel Xcaret Guest Dies After Collapsing in Resort Pool

Hotel Xcaret Guest Dies After Collapsing in Resort Pool

A 56-year-old Mexican guest died after collapsing in a Hotel Xcaret pool. The company says...
Three clandestine graves found in Los Cabos in days

Three clandestine graves found in Los Cabos in recent days

Searchers located three clandestine graves in San José del Cabo between April 26 and May...
Cabo Tourist Transport Protest Snarls City Streets

Cabo Tourist Transport Protest Snarls City Streets

Tourist transport operators blocked key roads in Cabo San Lucas after state inspectors detained units,...
Who Really Protects Mexico’s Coasts From Big Projects

Who Really Protects Mexico’s Coasts From Big Projects

Mexico’s coastal projects promise jobs and tourism, but new seismic rules and Mahahual court fights...