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    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

    Topics

    Authors

    Carlos Serrano BBVA Research - Chief Economist

    Documents and files


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    Press article (PDF)

    200507_ArtPrensa_CarlosSerrano.pdf

    Spanish - May 7, 2020

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