Luy’s Lines
Mexico Buried under Inflation
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Nomadic Work-from-Homers Raising Rental Prices in Mexico
By THE PULSE NEWS MEXICO STAFF Thanks to international work-from-homers, about 3 million of whom have chosen Mexico as their remote office destination-of-choice since the outbreak of the global covid-19 pandemic, the cost of rents have grown exponentially in some parts of the country. In Mexico City alone, rents have increased by as much as 20 percent in some areas,
Read moreInflation Shoots Up in First Half of March
By THE PULSE NEWS MEXICO STAFF Despite the fact that Mexican President Andrés Manuel López Obrador (AMLO) promised that inflation would be kept at a maximum of 3.4 percent rate in 2019, overall price increases for the first half of March shot up to 3.95 percent, according to the National Consumer Price Index (INCO), a subdivision of the National Institute
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