See Banco de México (2014), Encuesta sobre las Expectativas de los Especialistas en Economía del Sector Privado: Octubre de 2014, November. BIS central bankers’ speeches  Risks to the upside are always important, but especially so at the present moment. Inflation will likely post levels above 4 percent during most of the current year.
In addition, analysts’ inflation expectations for all periods, although stable, remain above the Bank of Mexico’s permanent target. Concluding remarks Policies implemented in the last few decades have set the stage for the Mexican economy’s modernization. The change has yielded many fruits, including an enlarged middle class, greater consumer choice, and higher living standards.