LatinNews Daily - 23 September 2022

* Mexico’s national statistics institute (Inegi) has released the latest figures for the consumer price index (INPC), which rose by 0.41% in the first two weeks of September compared to the previous two weeks. This brings annual inflation to 8.76%, the highest level since 2000. Annual inflation stood at 5.87% in the same period of 2021. Mexico’s central bank (Banxico) released its latest inflation forecasts on 1 September, which predicted inflation of 8.1% at the end of the year, up from a previous estimate of 6.7%. Banxico also expects a higher level of inflation than previously projected for the end of 2023.

End of preview - This article contains approximately 106 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

• Subscribe
• Sign up for a one-time, 14-day trial