Mexico ends year with inflation at 7.36%, most in 20 years

  • 📰 ABC
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

Mexico ended 2021 with an annualized inflation rate of 7.36%, the highest in 20 years

Inflation in December continued at about the same rate as in November, and was led by freshThe institute said inflation was last that high in 2001.

Mexico’s central bank faces pressure to increase interest rates, without constraining economic growth. The country’s interbank interest rate is around 5.50%, and the target inflation rate of 3% seems a very distant goal.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Thanks Joe lol

'The US inflation rate rose to 6.8% over the last year to its highest point since 1982, the Bureau of Labor Statistics reported Friday morning. The consumer price index for all urban consumers (CPI-U) rose by 0.8% in November after rising 0.9% in October.' The Guardián.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 471. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Carload of bodies found outside Mexico town hallVehicle full of bodies found outside a town hall in Zacatecas, a northern Mexican state gripped by a turf war between rival drug cartels, authorities say.
Source: trtworld - 🏆 101. / 63 Read more »

John Mayer Tests Positive For Covid-19, Dead & Company Cancels Mexico ShowsThe Grateful Dead offshoot Dead & Company has canceled scheduled resort shows in Cancun, Mexico this weekend. Frontman John Mayer tested positive for Covid-19 shortly before departing. Initiall… Maxi_Ortiz_ Oh no. Hope he's ok. Every cloud ....
Source: DEADLINE - 🏆 109. / 63 Read more »

Mexico invites Chilean president-elect to visit, eyeing 'strategic alliance'Mexico's government said on Thursday it had invited Chilean President-elect Gabriel Boric to visit, as the two countries vowed to forge a 'strategic alliance'once the new leader takes office.
Source: Reuters - 🏆 2. / 97 Read more »

Mexico likely to surpass 300K Covid-19 deaths this week, fifth highest worldwideMexico is likely to surpass 300,000 deaths from Covid-19 this week — the fifth highest death toll worldwide — as infections rise after the holiday season.
Source: NBCNews - 🏆 10. / 86 Read more »

10 murder victims' bodies dumped in front of Mexico governor's officeZacatecas state, torn by a battle between two powerful cartels, has one of the highest homicide rates in Mexico. I'm going to go on an a limb and say someone's trying to send a message Gee, wonder why Mexicans want to leave for safer ground? I hope it's on the air in the Cancun airport.
Source: CBSNews - 🏆 87. / 68 Read more »