April 09, 2024 12:14 GMT
MNI BRIEF: Mexico Inflation 4.42% In March, Below Consensus
(MNI) BRASILIA
Core inflation came in at 4.55%, also slightly lower than the 4.63% consensus.
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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)
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