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Mexico's Inflation Slows More Than Expected in Early Nov.

Mexico's cooling inflation and economy growth drive expectations of further rate cuts

Mexico's statistics agency INEGI released data on Friday showing that inflation slowed more than expected, while growth exceeded forecasts, opening the door for the country's central bank to cut interest rates further next month.

Bloomberg L.P. · 22h

Mexico Inflation and Economic Growth Slow to Keep Cut in Play

Mexico’s inflation decelerated in early November while the economy continues to lose momentum, giving the central bank room to cut interest rates for a fourth straight meeting next month.

MarketWatch · 22h

Mexico's Inflation Slows More Than Expected in Early November

Core CPI, which excludes energy and fresh food prices, edged up 0.04% in the first half of November and was up 3.58% from a year earlier, compared with 3.74% in the second half of October. Annual inflation was expected to be 4.66% and annual core inflation 3.70%, according to a Wall Street Journal survey of analysts.

Reuters on MSN · 3d

Bank of Mexico flags more rate cuts due to progress on lowering inflation

The Bank of Mexico will likely be able to continue cutting its benchmark interest rate due to the progress made on bringing inflation down, bank governor Victoria Rodriguez told Reuters in an interview.

20h

Mexico’s GDP reaches highest growth in over two years with 1.1% rise in Q3 2024

Mexico's economy showed strong growth in the third quarter of 2024, expanding by 1.1% compared to the previous quarter ending ...

Mexico News Daily16h

Declining inflation fails to bring relief for food prices

Headline inflation rates in Mexico declined in the first half of November, falling to an annual rate of 4.56% from 4.76% ...

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