Bank of Mexico deputy governor concerned by rising core inflation
A deputy governor of the Bank of Mexico, Manuel Sánchez, on July 31 expressed concerns over rising core inflation, but said the Mexican economy was showing signs of maintaining a strong growth performance.
Delivering a speech at the JP Morgan Annual Mexico CEO Conference in Mexico City, Sánchez noted that inflation had surpassed the central bank's 3% target in June, rising to 4.3%, driven by a gradual rise in core inflation. The deputy governor said inflation expectations were persisting above
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