Medellín bets on green recovery
Canning House Associate Fellow Andrew Thompson examines Medellín's pledge to pursue a green recovery from the Covid-19 pandemic, considering varying concerns from funding to privacy.
- Andrew Thompson
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.
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