high inflation is not leaving anytime soon -Breaking
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© Reuters. One man is selling corn grain at the Ozumba de Alzate public market, State of Mexico. May 24, 2022. REUTERS/Edgard GarridoMEXICO CITY (Reuters) – Mexico will likely see consumer price spikes for “a while” and food inflation is a growing concern, the deputy governor of the country´s central bank, Jonathan Heath, said on Tuesday.
The statistics agency for Latin America’s second largest economy released headline inflation figures earlier Tuesday. They were 7.58% in May, as compared to 7.65% the week before.
Heath claimed on Twitter (NYSE.) that inflation in general was still extremely high and that the numbers for May may end up surpassing those for April.
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