Inflation reached 4.58% annually in September; slowed for second month

Inflation reached 4.58% annually in September; slowed for second month

Mexico City. The national consumer price index (INPC) was below market consensus expectations and inflation slowed in September for the second consecutive month, revealed data from the National Institute of Statistics and Geography (Inegi). Specifically, the INPC advanced 0.05 percent between August and September of this year and 4.58 percent in the last 12 months, … Read more

Inflationary risks continue, but the decline in rates will continue: BdeM

Inflationary risks continue, but the decline in rates will continue: BdeM

Mexico City. Although the majority of the governing board of the Bank of Mexico (BdeM) warns that service inflation continues to exhibit persistence, the reference rate will continue to have additional adjustments, reveal the minutes of the central bank, corresponding to the monetary policy decision on September 26, 2024, where the rate was cut from … Read more