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

Adidas accused of labor abuse and cultural harm in Mexico team collection

Adidas accused of labor abuse and cultural harm in Mexico team collection

Adidas faces claims that Naupan artisans were underpaid and that Indigenous textile practices were altered...
Five Narco Labs Hit in Mexico's Western Drug Raids

Five Narco Labs Hit in Mexico’s Western Drug Raids

Federal forces disabled five drug-production sites in western Mexico, seizing meth, precursors and chemicals tied...
World Cup Screens Coming to Puerto Vallarta Malecón

World Cup Screens Coming to Puerto Vallarta Malecón

Puerto Vallarta will host World Cup match broadcasts on the Malecón, though officials still have...
Garbage collection workers halt service in Puerto Vallarta

Garbage collection workers halt service in Puerto Vallarta

Puerto Vallarta trash workers briefly halted service over labor complaints, adding pressure to the city’s...