Inflation & Prices
Mexico Inflation Hits 32-Month Low as Banxico Meets on Rates
- Annual inflation slows to 4.26%, matching median estimate
- Central bank to announce latest key rate decision later today
Mexico's consumer prices rose 4.26% in October compared to the same period a year earlier.
Photographer: Koral Carballo/BloombergThis article is for subscribers only.
Mexico’s annual inflation slowed in line with expectations in October, giving the central bank some maneuvering room as it prepares for one of its last interest rate decisions of the year.
Consumer prices rose 4.26% in October compared to the same period a year earlier, down from 4.45% in September, the national statistics institute reported Thursday. The print matched the median estimate of analysts surveyed by Bloomberg. It is the lowest headline reading since February 2021.