Mexico Inflation Speeds More Than Expected Ahead of Rate Meeting

The inflation of Mexico stood at 3.93% at annual rate in April, recorded above what was expected and 3.8% in March.

Mexico's inflation accelerated more than expected in April, although it remained within the target range of the central bank, which will probably keep on the table a cut in the interest rate of only half a point by the Bank of Mexico (Banxico) next week. Annual inflation stood at 3.93 per cent, above the average estimated 3.9 per cent by economists polled by Bloomberg and 3.8 per cent in March.The underlying inflation, excluding volatile items s…

Mexico Inflation Speeds More Than Expected Ahead of Rate Meeting

Mexico’s inflation accelerated more than expected in April while remaining within the central bank’s target range, likely keeping a half-point interest rate cut next week on the table.

According to data published by the National Institute of Statistics and Geography (Inegi), annual general inflation in Mexico recorded an annual increase of 3.93% in April, which lasted three months upwards. In a statement, it was explained that the National Consumer Price Index (INPC) reported an increase of 0.33% during the last month compared to the immediate preceding period, the highest rate for April since 2022. According to Inegi, the goo…

The Mexican inflation rate rose to 3.93% in April, with the result that it spins three months upward driven in particular by the increase in food prices, reported on Thursday the National Institute of Statistics and Geography (Inegi). The data is greater than 3.8% of March, and on 3.77% of February, when the index broke with three consecutive months of decline. On the other hand, the Inegi reported that the consumer price index (CPI) increased b…

Annual inflation in Mexico registered an annual increase of 3.93 percent in April 2025, marking a three-month period of growth driven by the dynamism of the underlying inflation rate, according to data published on May 8 of this year by the National Institute of Statistics and Geography (INEGI). The National Consumer Price Index (INPC) reported an increase of 0.33 percent… Source