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Published on Thursday, May 7, 2020 | Updated on Friday, June 16, 2023

Mexico | This will be a crisis with controlled inflation

Summary

Since it became clear that the world and the country would be significantly affected by the COVID-19 pandemic, the question often arises as to whether Mexico is going to live a scenario of an inflationary spiral as has occurred in other crises in the past. The answer is no.

Key points

  • Key points:
  • Thanks to the structural changes adopted in 1994 and 1995, we will not see inflationary episodes like those of the past
  • Not only will inflation won't get out of control, but it will also be lower than anticipated before the pandemic began

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Documents and files

Press Article (PDF)

vacio.pdf

Spanish - May 7, 2020

Authors

CS
Carlos Serrano BBVA Research - Chief Economist
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