Free Trial

MNI BRIEF: Mexico Inflation 4.42% In March, Below Consensus

(MNI) BRASILIA

Mexico's INPC annual inflation was 4.42% in March, the Mexican National Institute of Statistics and Geography said on Tuesday, announcing a figure below the 4.50% consensus forecast.

Core inflation was 4.55%, also lower than the 4.63% consensus. In February, the general INPC was at 4.4%.

"In March 2024, the National Consumer Price Index (INPC) recorded an increase of 0.29% compared to the previous month. With this result, annual general inflation stood at 4.42%. In the same month of 2023, monthly inflation was 0.27% and annual was 6.85 percent," INEGI said. (See MNI INTERVIEW: Banxico Unlikely To Cut Every Meeting - Soriano)

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.