The general inflation in Mexico will be 4.16%: Citibanamex



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A survey of the company indicates that the dollar closes this year with a value of 19 pesos, and that in 2019 it will reduce its price to 18.80 pesos.

TOWN OF MEXICO (Expansion) –

General inflation in Mexico will be 4.0% to 4.16% during this year, predicts a Citibanamex survey released this Friday.

According to the banking institution, the expectation of general inflation for the country in 2018 rose by 0.16%, while that of next year remains at 3, 6%.

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The survey, According to forecasts of the Executive Directorate of Economic Studies and Communication of the National Bank of Mexico, the dollar closes this year with a value of 19 pesos, and in 2019 it will reduce its price to 18.80 pesos.

Citibanamex exercise, the next move of the Bank of Mexico (Banxico) will be a reduction in the funding rate between November this year and June 2019.

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