FILE - Vendors wait for clients before the opening of the tamales fair in the Ixtapalapa neighborhood of Mexico City, Jan. 27, 2023. Mexico's annual inflation in January was 7.91% and on Feb. 9, 2023 the Bank of Mexico raised interest rates to 11%. (AP Photo/Fernando Llano, File)
February 12, 2023
Stories this photo appears in:
February 12, 2023 midnight
Mexico's inflation rises, leading to interest rate hike
The Bank of Mexico said inflation was not going down as expected, and was likely to remain high for some time.