Puerto Vallarta News

Puerto Vallarta News

Mexico’s July inflation reaches a 22-year high

MEXICO CITY, Aug 8 (Reuters) - Mexican inflation in July likely sped up again to a near-22-year high, a Reuters poll showed on Monday, fueling bets the country's central bank will continue to hike its key interest rate through the rest of the year.

The median forecast of 14 analysts projects that annual inflation will hit 8.13% in July, a level not seen since December 2000. (MXCPIA=ECI)

Mexico's central bank, which targets inflation at . . .

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