Puerto Vallarta News

Puerto Vallarta News

mexico-inflation

Mexican inflation remains below central bank target

Mexico's annual inflation rate rose less than expected in the first half of April, remaining below the central bank's target and giving policymakers room to keep interest rates unchanged.

Inflation in the 12 months through mid-April MXCPHI=ECI was 2.60 percent, the national statistics institute said on Friday, below a forecast 2.71 percent rate in a Reuters poll and up from 2.49 percent in the second half of March.

Mexico's central bank expects inflation to rise slightly above its 3 percent target sometime in 2016, but fall back toward the target by the . . .

Read Full Story

Related Posts

Nayarit sea lion with broken jaw headed for surgery

Nayarit sea lion with broken jaw headed for surgery

The underweight sea lion rescued at Lo de Marcos will be moved to Guadalajara on...
Mexico Denies Joint Operations, Halts New US Agent Permits

Mexico Denies Joint Operations, Halts New US Agent Permits

Mexico’s government says it won’t authorize any new U.S. agents, denying any joint operations and...
12 Mexico City Neighborhoods Dominate New Apartment Construction

12 Mexico City Neighborhoods Dominate New Apartment Construction

In Mexico City, new apartments are mostly built in 12 central neighborhoods, widening the gap...
Cartels Drive Out Indigenous Communities for Gold and Timber

Cartels Drive Out Indigenous Communities for Gold and Timber

In Chihuahua’s Sierra Tarahumara, organized crime groups are forcing Indigenous families off their land to...