AMLO recognizes the rise of inflation in Mexico

President Andrés Manuel López Obrador (AMLO) assured that Mexico is in an economic crisis derived from the Covid-19 pandemic, indicating that this phenomenon is occurring in all countries of the world. AMLO reported in his morning conference on November 24 that with almost 7%, Mexico has inflation similar to that of the United States, when naturally inflation is higher in Mexico than in the neighboring country. “There is a crisis, now post pandemic that is manifesting itself in all countries. We have an inflation equal to that of the United States in general the inflation of Mexico is higher than that of the United States, in this case it is the same, they bring an impression of more than 6 percent, Brazil brings an inflation of 11 percent, it is a phenomenon that is affecting, “he said from the Treasury Hall of the National Palace. Read more: It’s fake! Ana García Vilchis exhibits Loret de Mola for reporting on contracts at Felipe Ángeles AirportAndrés Manuel added that the increase in inflation is also a function of the increase in prices in raw materials, food, steel and other products that have generated a great impact on maritime transport costs. On the other hand, the federal president called for the approval of the electricity reform, under the premise that this initiative will help stabilize energy prices, contributing to the rest of the economic items in the country.  Read more: AMLO will propose Undersecretary of Finance, Victoria Rodríguez, to lead Banxico “We are managing to stabilize prices, that’s why we need the electricity reform so that prices do not increase,” he said. Graduated in Communication Sciences, I began my career as a web reporter in debate.com.mx in 2019, starting the work of reporting on the most recent and relevant events in Mexico on politics and the world, having the commitment to bring citizens truthful and impartial information. As specific tasks I deal with the issues that are presented daily in the morning conferences of the President of Mexico, Andrés Manuel López Obrador, as well as the actions carried out by his work team that integrates the cabinet of the Federal Government. Also follow up on the matters corresponding to the head of the Executive in matters of economy and foreign policies. On the other hand, the political issues that occur in the world are also of interest, especially in countries that maintain strong diplomatic relations with Mexico and that can produce reactions in the State. See more



Original source in Spanish