Home Business-newBusiness Mexico’s Core Inflation slowed to 4.13%

Mexico’s Core Inflation slowed to 4.13%

by Yucatan Times
0 comment

Mexico’s Inflation Jumps and Clouds Banxico’s Rate Cut Path

Core inflation slowed to 4.13%, headline figure hit 4.98%

Banxico’s August decision could hinge on the inflation trajectory.

Mexico’s inflation accelerated more than expected in June, complicating the central bank’s efforts to cut interest rates that remain near an all-time high.

Consumer prices rose 4.98% from a year earlier, above the 4.87% median estimate of analysts in a Bloomberg survey. Core inflation, a metric that strips out volatile components and that the Mexican central bank watches closely, slowed to 4.13%, slightly below the 4.14% median estimate…

CLICK HERE TO READ THE FULL ARTICLE ON BLOOMBERG

TYT Newsroom

You may also like

Our Company

Lorem ipsum dolor sit amet, consect etur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis.

Newsletter

Laest News

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept