MEXICO CITY (Reuters) – Bank of Mexico board member Jonathan Heath said the drop in Mexican inflation in recent months is not a reason to “sing victory” yet, local media outlet El Financiero reported on Wednesday.
“Inflation continues its downward trajectory, however we’re not even close to singing victory. We still see a long battle ahead and this inflation phenomenon has really been much more complex than we would have imagined,” Heath said at an event.
(Reporting by Isabel Woodford; Editing by Anthony Esposito)
