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Price Hike in Oil Market leads to Inflation in Mexico

十二月, 29 2016

Economic news

The Mexican government will implement a price hike in gasoline prices as much as one-fifth in the first month of 2017. This is the fifth price hike of the country to assure that it is on a direction more than the 3% target. This signals economist to change its inflation forecast higher for 2017 while forming uncertainty to Central bank’s target rate.

The Banorte Mexican bank raised its inflation outlook to 4.7% from 4.3% after making adjustments to the former ceiling price of 14.2% to 20.1%. The Brokerage FInamex will follow in raising its 4.5% inflation forecast. However, it is anticipated by banks that inflation rates would further go up in 2017 but still not exceeding the 4 percent ceiling price.

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外汇本质上有高度的投机性和复杂性，可能并不适合所有投资者。外汇交易可能会带来重大的收益或损失。因此，建议您不要承担无法承受的损失。在使用ForexMart提供的服务之前，请确认外汇交易相关联的风险。必要时寻求独立的财务意见。请注意，过去的业绩和预测都不是未来结果的可靠指标。