OTHER NEWS - June 22, 1992
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From Times Staff and Wire Reports
Mexico’s Inflation to Exceed Government Forecast: Mexican Finance Minister Pedro Aspe, in Venezuela for a meeting with his Latin American counterparts, said inflation for 1992 will likely run between 10% and 11%, the government news agency Notimex reported. Aspe’s comment was the first time the government has publicly acknowledged that inflation will likely exceed the ambitious 9.7% official forecast for the year. Inflation came in at 18.8% in 1991. It was running at triple digits in the late 1980s.
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