Mexico's inflation rate decelerates as central bank prepares for a rate cut

Mexico's inflation rate decelerates as central bank prepares for a rate cut

After Mexico’s headline inflation rate saw a slight uptick in February, prices for some goods decreased during the first two weeks of March. Mexico’s national statistics agency INEGI released its bi-weekly inflation report Monday showing that inflation has remained below 4% this year, coming in at 3.67% in mid-March. This is down from the 3.77 reported in February and well below the 4.48% recorded a year ago. En la primera quincena de marzo 202…

The price escalation has given encouragement to the Mexican portfolios. On Monday, inflation in the country stood at 3.67% at the end of the first fortnight of March 2025, according to the National Consumer Price Index (INPC), published by the National Institute of Statistics and Geography (Inegi).Continue reading

Inflation in Mexico slows to 3.67% in March

Mexico’s inflation slowed more than expected in the first half of March. The central bank is set to meet this week to consider a sixth straight rate cut and likely a second straight half-point reduction. Consumer prices rose 3.67% from a year prior, below the 3.7% median estimate of analysts surveyed by Bloomberg and less than the 3.81% in the previous two-week period. Core inflation, which excludes volatile items such as food and fuel, also dec…

Banxico will have arguments for a second cut of 50 basis points at its key rate after data of lower inflation and contraction ec mica.

Mexico’s inflation slowed more than expected in the first half of March, as the Bank of Mexico (Banxico) will meet this week to consider a sixth consecutive cut in rates and probably a second consecutive half-point reduction. Consumer prices rose by 3.67 percent year-on-year, below the average estimated 3.7 percent by analysts polled by Bloomberg and 3.81 percent of the previous two weeks. Underlying inflation, excluding volatile items such as f…

Mexico Inflation Slows More Than Forecast Before Banxico Vote

Mexico’s inflation slowed more than expected in the first half of March, as the central bank is set to meet this week to consider a sixth straight rate cut and likely a second straight half-point reduction.