From The Rio Times · Diego Fernández · · 30s
Mexico Stocks Drop 1.25% on Inflation Spike
Mexico's stock market fell 1.25% Thursday as inflation rose sharply.
In brief
Mexico's stock market fell 1.25% Thursday as inflation rose sharply. Mexico's IPC index dropped 1.25% on Thursday amid hot inflation. Originally reported by The Rio Times.
Mexico Stocks Fall 1.25%
Mexico's IPC index dropped 1.25% Thursday amid rising inflation.
Key Market Indices
IBOV fell 1.15%, IPSA dropped 1.88%, and COLCAP declined 1.25%.
Inflation Impact
Hot inflation drove Mexico's stock market down 1.25% Thursday.
Currency Fluctuations
USD/MXN rose 0.15% as inflation pressures intensified.
The takeaway
Mexico's IPC index dropped 1.25% on Thursday amid hot inflation.
