In February, the prices have dropped slightly in the first two weeks after Mexico’s headline inflation has improved slightly.
The National Statistical Institute of Mexico Inki released its two -week inflation report It shows that this year’s inflation is less than 4%, which is 3.67% in mid -March. It is below 3.77 reported in February Below 4.48% registered a year ago.
In the first half of March 2025, the National Consumer Price Code #Inpc It presented 139,012 and refers to an increase of 0.14% compared to the previous fifteen days. With this result, annual public inflation is 3.67%.
By the component, the annual inflation … pic.twitter.com/rwj5ajghys
– Inegi information (@inegi_informa) March 24, 2025
The main inflation, which usually excludes high turbulent prices of food and energy, was 3.56% in mid -March, which was 3.63% a month ago. The 0.14% increase in annual inflation in the first two weeks of March is more than half of the core inflation rate in mid -March 2024 (0.27%) (0.27%)
News Agency, Reuters, these figures came down to market predictions, with the recession mentioned in the economic operational statistics of January (the country’s economy was shrunk by 0.2%, according to Mexico’s Central Bank (Bansigo).
“The economy is more sensitive to tight financial conditions and less positive outdoor background,” said Pantion Macro Economics Latin America economist Andres Abadia said in a note to customers.
In the note, Abadia’s latest inflation suggested that Bansiko would provide freedom to continue to reduce its Benchmark interest rate, “starting with 50 basic points this week”.
Panico is preparing to issue its next monetary policy on Thursday, so the inflation is firmly in the bank’s 2% to 4% target limit. At its previous meeting on February 6, Panico quoted cooling inflation and weakness in the country’s economy in announcing the cutting of 50-footpage points.
Inki report indicated that the prices of tomatoes (up to 10.45%) and lime (9.02%) were high, while vegetables declined (9.17%), onion (below 6.04%) and Nobals (below 5.58%).
Inki also noted that the price of the chicken (0.37%), though not in the top five in the “Up” or “Town” category.
In addition, InEGI noted that the prices of egg prices have shrunk 0.84%. This is a significant decrease because it tried to prevent US Customs and Border Patrols On the smuggling of eggs from Mexico.
With reports from N+ And Forbes Mexico
(Tagstotranslate) Banxico (T) Central Bank (T) Core Inflation in Mexico (T) EGG PRICES (T) Headline Inflation Rate (T) Inflation Rate
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