Mexico Metropolis. Inflation in Might was 4.69 p.c at an annual fee, as a result of improve within the costs of some agricultural merchandise and air transportation, the Nationwide Institute of Statistics and Geography (Inegi) reported this Friday. Within the fifth month of 2024, the Nationwide Client Worth Index (INPC) noticed a lower of 0.19 … Read more
Mexico Metropolis. The peso began this Thursday’s session with few modifications, buying and selling at 16.92 pesos per greenback, appreciating 0.32 p.c or 5.3 cents, with the alternate price touching a most of 17.1303 and a minimal of 16.9191 pesos per greenback. The above, Banco Base famous, happens concurrently the weakening of the US greenback … Read more
Mexico Metropolis. The final price of products and providers in Mexico fell barely within the first half of Might, registering a lower of 0.21 p.c in comparison with the instantly earlier fortnight. At an annual fee, inflation was 4.78 p.c and inside it there was no progress equal to that of fruit and veggies, which … Read more
Mexico Metropolis. The Financial institution of Mexico (BdeM) expects the native economic system to reactivate within the second and third quarters of the 12 months, after the weak point of the final three months of 2023 was extended within the first, in keeping with the minutes of the newest coverage choice. financial launched this Thursday. … Read more
Mexico Metropolis. Throughout the first quarter of the 12 months, virtually two out of each 10 corporations accessed new financial institution credit score on condition that the phrases provided by monetary establishments had been extra enticing in comparison with the earlier quarter; Nevertheless, excessive rates of interest had been the rationale why 8 out of … Read more
Mexico Metropolis. The rise within the costs of fruit and veggies, in addition to hen and residential possession, led to annual basic inflation in Mexico accelerating once more in April, for the second consecutive month, in line with figures from the Nationwide Institute of Statistics and Geography (Inegi). ). Common month-to-month inflation in Mexico was … Read more
Mexico Metropolis. Pending the end result of the financial coverage of the Financial institution of Mexico (BdeM), the Mexican peso stays beneath strain, even supposing the greenback is dropping its worldwide enchantment. A few hours in the past, Inegi revealed that inflation in Mexico rose 0.20 p.c month-to-month in April, barely above the 0.18 anticipated … Read more
Mexico Metropolis. The governing board of the Financial institution of Mexico (BdeM) stored its reference rate of interest unchanged at a degree of 11 p.c, within the face of better inflationary pressures that additionally led it to barely elevate its inflation forecasts for the top of the yr. In its financial coverage assertion, the central … Read more
Mexico City. The increase in the prices of tomato, green tomato, serrano and poblano chili, as well as fruits such as orange, pineapple and papaya, explained much of the surprising rebound in annual general inflation in Mexico. Annual general inflation in the country rebounded to 4.63 percent in the first half of April from 4.37 … Read more
Washington. The deputy governor of the Bank of Mexico (BdeM) Jonathan Heath said that rates are likely to remain unchanged for longer than anticipated by the market, which would leave the reference rate at 11 percent in May, while the decision of June would depend on macroeconomic data. Last month, BdeM decided in a divided … Read more