By THE PULSE NEWS MEXICO STAFF Mexico’s inflation rate hit 6.24 percent in October, its highest level since December 2017, the National Institute of Statistics and Geography (Inegi) said Monday, Nov. 8. The National Consumer Price Index (INPC) hike was above market forecasts, which had predicted an annual increase of 6.16 percent, according to a group of economic analysts consulted
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By JUAN DE JESÚS BREENE PUERTO VALLARTA, Jalisco — Leftist Mexican President Andrés Manuel López Obrador (AMLO) is now halfway through his six-year term, and has promised to not try to stay in office when that term expires on Nov. 30, 2024. Which begs the question: Who will succeed him in that office? Is it too early to predict next
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By THE PULSE NEWS MEXICO STAFF According to National Institute of Statistics and Geography (Inegi) figures, a total of 200,256 Mexicans died of covid-19 infections in 2020, a figure that is 34.7 percent higher than the 148,629 cases reported by the Public Health Secretariat (SSA) at the close of last year. The SSA figures only counted covid deaths that occurred
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By THE PULSE NEWS MEXICO STAFF Inflation in Mexico reached a record 6 percent in September, its highest level since April 2021, the National Institute of Statistics and Geography (Inegi) reported on Thursday, Oct. 7. The rise in the National Consumer Price Index (INPC) was mainloy due to increases in food and energy prices. According to Inegi, inflation in Mexico
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By THE PULSE NEWS MEXICO STAFF Mexico’s Central Bank (Banxico) warned Thursday, Sept. 28, that the country will suffer higher inflation in the months ahead, raising its forecast for the close the year to 6.2 percent, up from its previous prediction of 5.7 percent. That new figure will constitute the highest level of Mexican inflation since December 2017, when it
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By JESSICA GUERRERO MORELIA, Michoacán — The cartel violence in Mexico has continued to increase since the beginning of the drug war in 2006, and despite government efforts to put an end to it, continues to add victims to its list of causalities on a daily basis. The number of homicides in Mexico went from 9,921 deaths in 2005 to 35,679
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By THE PULSE NEWS MEXICO STAFF Mexico’s total exports amounted to $39.632 billion in August, representing a drop of 4.58 percent compared to the previous month, its biggest drop in 15 months, according to seasonally adjusted data from the National Institute of Statistics and Geography (Inegi). The nation’s imports also decreased in August to $42.829 billion, down 3.36 percent compared
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By THE PULSE NEWS MEXICO STAFF Mexico’s National Consumer Price Index (INPC) soared to 5.87 percent in the first half of September, its highest level since the first half of June, the National Institute of Statistics and Geography (Inegi) reported on Thursday, Sept. 23 The index registered its highest level since the first half of the sixth month of this
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By THÉRÈSE MARGOLIS Despite a dramatic 74 percent uptick in violent crimes, a 7.3 percent increase in poverty, a contraction of the national economy every year since he took office, and, lest we forget, a dismal mismanagement of the covid-19 pandemic that has resulted in the deaths of nearly 260,000 Mexicans (and that’s just based on the official numbers, outside
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By THE PULSE NEWS MEXICO STAFF A severe drop in overall family incomes, spurred on by the still-rampant covid-19 pandemic and the country’s successive economic contractions, has led to a rise in Mexico’s poverty rate and in the number of Mexicans facing food shortages, according to the National Institute of Statistics and Geography (Inegi). In 2020, in at least 5.5
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