Mexico | Inflation is not out of control

Summary

It is true that inflation has increased in the last fortnights: it closed last year at 3.15% and in March it was already at 4.7%. In April it will rise even more and will be between 5.8% and 6% (when this article is published, the data for the first fortnight will have been released, which will very likely be close to 6%).

Key points

• Key points:
• Between March and May 2020, at the most critical point of the pandemic, inflation was at low levels. In April 2020 it registered a level of 2.15%, among the lowest in history
• During the summer, inflation will begin to decline once the comparative effects dissipate, picking up in November and December. But this will also be a temporary increase

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