Puerto Vallarta News

Puerto Vallarta News

Mexico’s Inflation Cools Off in January

Inflation in the 12 months through mid-January eased to 3.08 percent, data from Mexico's national statistics office showed on Thursday. The figure was well below the 4.08 percent in the full month of December and the 3.45 percent expected in a Reuters poll.

Mexico's central bank has said it expects inflation to approach its 3 percent target by midyear, but has said a slump in the peso could add to inflationary pressures.

Mexico's currency has recovered a bit after hitting its weakest in nearly six years this month, but it has lost more . . .

Read Full Story

Related Posts

mexico Interoceanic Train

Mexico Interoceanic Train costs and the catch nobody warns you about

A first-person ride on Mexico’s Interoceanic Train with real ticket prices, station basics, and what...
Mexico water release

Mexico water release plan heads off new U.S. tariffs

Mexico will release 249 million m³ of Rio Grande water starting Dec. 15 under a...
Baja gray whales

Gray whales make the longest trip of their lives to Baja

Gray whales swim from the Arctic to Baja lagoons each winter. Here’s where to watch...
peso today

Mexico’s peso briefly hit 17.98 as traders pile into carry trade

Mexico’s peso hovered near 18 per dollar, briefly hitting 17.98, as carry-trade flows and rate...