The inflation rate in the country is quite high. In addition, the GDP fell due to the aftermath of a devastating earthquake and a number of hurricanes in 2017, as well as due to uncertainty in the terms of the free trade agreement with countries in North America.
Foreign investment has declined due to the crime situation. As a result, Mexico City is going through not the best period in the history of the economy. But there are great prospects, especially in the development of industrial enterprises, foreign trade and tourism.
Prices in Mexico City
In Mexico City, as in all of Mexico, the national currency is the Mexican peso (MXN). Prices are relatively low compared to other countries in North America. For example, the cost of an inexpensive lunch for one will be 70-105 pesos, accommodation in a hostel – from 655 pesos per day, in a hotel – from 1640 pesos, taxi fare – from 45 pesos, public transport – 6 pesos. The average salary is 15,000 pesos.