01-07-2021 Latin American Weekly Report
Argentina takes evasive action in bid to buy time
Mexico’s annual inflation rate rose to 6.17% in May, the highest in over eight years. On 18 May, before the inflation data was released, the Banco de Mexico (Banxico, central bank) had again tightened interest rates, raising the benchmark rate by 25bps to 6.75%. Analysts are divided as to whether this is part of a worrying vicious circle or whether it is no more than a passing spike in an economy that is otherwise showing signs of resilience.
By joining as an individual member you’ll have the opportunity to access our wide range of public events at a discounted rate, as well as additional benefits such as online access to in-depth reports, webinar recordings and This Week in Latin America news articles.
Get the latest information on upcoming Canning House events and other events related to Latin America and Iberia across the UK and beyond.