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CPI Slightly Lower Than Estimates

MEXICO
  • November CPI m/m 0.08% vs Expected 0.15%
  • November CPI y/y 3.33% vs Expected 3.41%
  • November Core CPI m/m -0.08% vs Expected -0.04%


All reading slightly lower than expected. Result confirms drop in inflation below the ceiling of the 3.0% +/- 1 percentage point target for the first time since July.

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