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Hidalgo market

Government considering price controls on basic foodstuffs to control inflation

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Despite the downgrade, the Finance Ministry (SHCP) growth projection is still more optimistic than that of the Bank of México.

Finance Ministry cuts 2022 growth forecast to 3.4%

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Annual inflation rose to 7.28% in February, INEGI reported.

War in Ukraine could help drive inflation to 10%, economist warns

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A Moscow-Cancún Aeroflot flight is baptized last November

War in Ukraine and inflation seen as hindrances to tourism this...

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Vehicle insurance is required in about half of the country's states, and on all federal highways.

Auto insurance premiums see biggest price increase in 14 years

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Mexico's central bank building

Bank of México raises benchmark interest rate to 6%

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Mexican limes

Taco prices rise as cost of limes is up 153% in...

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cemex truck

Cost of construction materials soared 17% in December

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The meeting was outgoing Bank of México Governor Alejandro Díaz de León's last.

Central bank raises benchmark interest rate to 5.5%

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taco vendor in Mexico City

Inflation has hit taco makers particularly hard, forcing hike in prices

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