Wednesday, June 1, 2011

Low Inflation Rates in Mexico a Boon for Citizens and Investors

Good news for investors in Mexico: the country has one of the lowest inflation rates in Latin America. Unlike other economies in the region, Mexico is not dealing with increasing consumer prices. While Brazil is battling 6.5 percent inflation rates, Mexico's inflation rates are at a low 3.04 percent.

Reasons for the good news include the work of Bank of Mexico Governor Agustin Carstens, in combination with other factors such as  low food prices (because Mexico grows much of the food those in the nation consume) and subsidized electricity.

No comments:

Post a Comment