Mexico's 2024 Inflation Was Slowest in 4 Years

Mexico's annual inflation eases in December, supporting further rate cuts
Mexico's headline inflation rate eased more than expected in December, fueling bets that the central bank will keep cutting its benchmark interest rate despite an uptick in the core consumer price index.
Mexico Inflation Eases To 4.21%, Lowest Since Early 2021
Mexico's consumer price inflation eased more than expected in December to the lowest level in nearly four years, data from the
Mexico's 2024 Inflation Was Slowest in Four Years
Core goods prices led the slowdown in 2024, rising 2.47% compared with 4.89% the previous year, while services remained sticky, ending the 12 months up 4.94%. Air fares, restaurants and tourism services were among the main contributors to inflation in December.
Mexico’s Annual Inflation Hits Lowest Level Since Early 2021
Mexico’s annual inflation eased last month to the lowest level since February 2021, keeping in play a fifth straight interest rate cut at the central bank’s next policy meeting.
Bank of Mexico board sees larger rate cuts on the table
The Bank of Mexico could increase the size of cuts to its benchmark interest rate in future meetings as inflation eases in Latin America's No. 2 economy, minutes from the bank's December monetary policy meeting showed on Thursday.
MNI BRIEF: Mexico Inflation Up To 4.21%, More Rate Cuts Loom
Mexico's INPC annual inflation climbed to 4.21% in December, the Mexican National Institute of Statistics and Geography (INEGI) said Thursday, in line with market expectations for 4.22% and down from 4.
Mexico inflation drops to 4.21%, approaching four-year record low
Mexico’s annual inflation rate dropped to a nearly four-year low of 4.21%, representing a notable decline of 0.34% from 4.55% in November. The inflation rate below market expectations remains quite astounding as they had predicted a rate of 4.
Mexico's central bank opens door to larger rate cuts, citing progress on inflation
The Bank of Mexico could increase the size of cuts to its benchmark interest rate in future meetings as inflation eases in Latin America's second-largest economy, minutes from the central bank's December monetary policy meeting showed on Thursday.
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Inflation reaches its lowest point since February 2021
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Mexican peso depreciates ahead of inflation data, Banxico minutes
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