Reuters logo
Mexico inflation uptick transient, won't impact rates-Carstens
January 10, 2014 / 4:36 PM / 4 years ago

Mexico inflation uptick transient, won't impact rates-Carstens

MEXICO CITY, Jan 10 (Reuters) - An uptick in December inflation in Mexico is due to transitory factors and will not prompt the bank to shift its monetary policy, Central Bank Governor Agustin Carstens said on Friday.

Inflation quickened to a 6-month high in December after the bank cut its benchmark interest rate three times to an all-time low of 3.5 percent last year to counter a slowdown.

Reporting by Jean Luis Arce

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below