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Mexico's annual inflation slowed in March by more than expected to 6.85%, the lowest rate in nearly 1-1/2 years, although core price pressures remained elevated, data from national statistics agency INEGI showed on Wednesday.
Markets PerformanceOfficial Data Partner
|Brent Crude Oil||73.63||4.46%|
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|Euro STOXX 50||4,291.58||0.66%|
Source: Refinitiv, an LSEG business - data delayed by at least 15 minutes
- MarketsMexico's core prices slow more than expected in February
Mexico's core consumer prices slowed by more than expected in the year to February, data from statistics agency INEGI showed on Thursday, providing some relief as Latin America's second-largest economy grapples with high inflation and interest rates.
- BusinessMexico inflation up in January, central bank seen hiking rates later Thursday
Mexican consumer prices rose in January, data from the national statistics agency showed on Thursday, inching above December readings and market expectations, likely leading the Bank of Mexico to hike the key interest rate later in the day.