Wednesday, October 28, 2020

Logo Central America Link

Mexico fuel price spurs inflation

Wednesday, January 25, 2017


Mexico's annual inflation shot up in early January to its fastest pace in over four years, stoked by a government-led increase in gasoline prices, and raising the chances of another interest rate hike next month.

Inflation in the 12 months through mid-January was 4.78 percent, the national statistics institute said on Tuesday, the highest half-month reading since the second half of September, 2012.

Source: Reuters