Mexico | Inflation will start to decline soon, not thanks to Apecic

Summary

Last week the federal government announced a new plan to try to reduce the high levels of inflation. It seems to me that such a plan will not achieve its objective.

Key points

• Key points:
• It must be recognized that current inflation is a global phenomenon and that in the case of Mexico it is explained to a very high extent by external factors.
• Insulating yourself from global price pressures is very complicated for an economy as open as Mexico's.
• There is little the federal government can do.

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