Mexico April Inflation Slows to 4.45% Before Rate Call
Mexico's annual inflation eased to 4.45% in April, the first drop since December. The cooling data supports a potential rate cut by the central bank today.
Xurve View
Insights:
Xurve View
Mexico headline inflation slowed to 4.45% in April, marking the first deceleration since December—below the 4.50% economist forecast. The central bank has room to cut interest rates. Lower price pressure arrives as the economy contracted 0.8% in the first quarter.
The core index, which excludes volatile food and energy prices, slowed to 4.26% from 4.45% in March, slightly below the 4.27% expected level.
