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PACIC-Tracked Product Prices Rebound in Early March
By MBN Staff - Tue, 03/26/2024 - 10:22
Following three successive biweekly decreases, PACIC rebounded, rising by 0.31% compared to the preceding period.
https://mexicobusiness.news/tag/inflation
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Banxico Cuts Interest Rate to 11%, First Since February 2021
By MBN Staff - Fri, 03/22/2024 - 10:52
Banxico lowered the interest rate by 25 basis points to 11%, marking the first reduction since early 2021.
Tech’s Role in Financial Inclusion: The Week in Finance
By Mariana Allende - Thu, 03/21/2024 - 11:10
Technology is key for financial inclusion in Mexico, says expert, while others discuss macroeconomic tendencies in the country. #TheWeekinFinance
PACIC Index Faces Steepest Drop in Nearly 20 Years
By MBN Staff - Mon, 03/11/2024 - 12:08
The Price Against Inflation and Scarcity Package (PACIC) experienced its most substantial decrease in almost twenty years, hitting 3.34%.
Mexico, US Optimistic Amid Global Economic Woes
By Mariana Allende - Wed, 02/21/2024 - 09:00
Despite European and Asian countries declaring recession, Mexico and the United States remain optimistic amid an economic slowdown.
Acapulco’s Inflation Hits 25-Year High Post-Hurricane Otis
By MBN Staff - Thu, 02/15/2024 - 13:49
Due to Hurricane Otis, the Consumer Price Index for the destination in Guerrero rose to 1.8% at the beginning of 2024.
Mexican CEOs Express Doubts About Business Viability
By MBN Staff - Thu, 02/15/2024 - 13:05
According to PwC, 44% of Mexican CEOs do not think current business models will be liable for more than a decade.
Mexico's GDP Growth Slows in 4Q23
By Mariana Allende - Wed, 01/31/2024 - 13:00
Mexico's Gross Domestic Product (GDP) continued its growth trend, standing at 3.1% in 2023, slightly below forecasts.
Global Inflation to Decline to 4.4% in 2024: MAPFRE
By Mariana Allende - Fri, 01/26/2024 - 16:33
MAPFRE expects global inflation to decline to 4.4% in 2024 and 3.3% in 2025, balancing risks with central bank actions.
SAT Collects MX$4.52T in 2023: The Week in Finance
By Mariana Allende - Thu, 01/25/2024 - 10:00
Goldman Sachs shows optimism on the global economy, Mexico's SAT collects MX$4.52 trillion, Banorte sees 13% profit surge. More this week in finance!