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CPI Higher Than Estimates

MEXICO

*MEXICO JANUARY CONSUMER PRICES ROSE 3.54% vs EXP 3.45% FROM YEAR EARLIER; (bbg)


Monthly readings also both higher than expected:

  • Mexico Jan CPI +0.86% On Month; Consensus +0.78%
  • Mexico Jan Core CPI +0.36% On Month; Consensus +0.35%
Pressure to the upside will enhance the debate among the committee of whether more easing is imminently necessary.

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