Mexican price spike compounds rate dilemma

Inflation jumped almost half a point in November to more than twice the Bank of Mexico's target adding to policymakers' woes ahead of the next rate decision slated for mid-January.

Annual CPI hit 6.23% last month, its highest level in more than seven years as costs increased for electricity and foodstuffs. The rate has ticked up steadily from 3.7% at the start of the year and now stands at more than twice the central bank's target of 3%.

With the Mexican economy suffering with the rest of the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.