Tag Archives: Prices

Inflation Soars in Mexico during First Fortnight of 2023

PULSE NEWS MEXICO Despite predictions by both President Andrés Manuel López Obrador (AMLO) and the Central Bank of Mexico (Banxico) that inflation in Mexico had peaked in late 2022, consumer prices increased to 7.94 percent in the first two weeks of January. According to data supplied on Tuesday, Jan. 24, by the National Institute of Statistics and Geography (Inegi), during

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Inflation Rates Continue to Rise in Mexico across September

By KELIN DILLON As international inflation continues to dominate global economic forecasts, Mexico’s own ongoing bout with inflation has been no walk in the park itself; rather than ease up in September as anticipated by sector specialists, inflation only increased in Mexico across the course of the month, reaching 8.76 percent in the first half of September alone. According to

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AMLO Suspends Subsidies for Premium Gasoline

PULSE NEWS MEXICO Mexican President Andrés Manuel López Obrador (AMLO) on Friday, Aug. 5, announced the his administration would no longer provide financial subsidies to offset the high cost of premium gasoline. In March of this year, after global oil prices skyrocketed as a result of the war in Ukraine, López Obrador ordered the Treasury to provide a nationwide Special

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