Mexico | This will be a crisis with controlled inflation
Published on Thursday, May 7, 2020
Mexico | This will be a crisis with controlled inflation
Summary
Since it became clear that the world and the country would be significantly affected by the COVID-19 pandemic, the question often arises as to whether Mexico is going to live a scenario of an inflationary spiral as has occurred in other crises in the past. The answer is no.
Key points
- Key points:
- Thanks to the structural changes adopted in 1994 and 1995, we will not see inflationary episodes like those of the past
- Not only will inflation won't get out of control, but it will also be lower than anticipated before the pandemic began
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
Authors
Carlos Serrano
BBVA Research - Chief Economist
Documents and files
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