By THE PULSE NEWS MEXICO STAFF Inflation in Mexico jumped dramatically in November to 7.37 percent, its highest level since January 2001, and financial analysts have raised their annual forecasts to close the year at 8 percent. In the second half of the November, the National Consumer Price Index (INPC) jumped to 7.7 percent, also its highest level since 2001,
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By THE PULSE NEWS MEXICO STAFF Since the start of the year, some food prices in Mexico have doubled, and others have increased by as much as 148 pecent, according the the National Institute of Statistics and Geography (Inegi). The price of avocados has increased by 45 percent since January, while onion prices are up 44 percent and tomatoes are
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Merry Christmas!
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By THE PULSE NEWS MEXICO STAFF During the third trimester of 2021, portfolio investment in Mexico registered nearly $14.6 billion in capital flight, both foreign and national, representing a 1,147 percent increase compared to the $1.17 billion that left the country during the same period of 2020. The 2021 third quarter figure is the largest capital exodus recorded for any
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By THE PULSE NEWS MEXICO STAFF Mexico’s spiraling inflation rate will reach 7 percent by the end of the year, according a consensus of private analysts consulted by Citibanamex. This figure would represent an increase of 30 points compared to a survey carried out by the firm a fortnight ago, when those same analysts estimated that inflation would close this
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By ANTONIO GARZA, former U.S. Ambassador to Mexico
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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 THÉRÈSE MARGOLIS It was a day of absolute jubilation and unrestrained celebration for Azerbaijani Ambassador to Mexico Mammad Talibov and his wife Kamala Talibova when they hosted a diplomatic reception at the Presidente Intercontinental Hotel Polanco on Friday, Nov. 5, to commemorate the first anniversary of their reunited country after nearly three decades of occupation of a fifth of
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By THÉRÈSE MARGOLIS Like most embassies in Mexico these days, the Azerbaijani chancellery was unable to host a diplomatic reception this year to mark its independence day. But that didn’t keep Azerbaijani Ambassador to Mexico Mammad Talibov from commemorating the Caucasian nation’s 30th anniversary, albeit a few days late. At the request of Mexico’s National Academy of History and Geography,
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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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