Mexico February Inflation Hits 4.02% Above Target Range
Mexico's annual inflation rate reached 4.02% in February, exceeding analyst expectations and the central bank's target. The core index remained steady at 4.5%.
Xurve View
Xurve View
Annual inflation in Mexico accelerated beyond market expectations in February, moving past the upper limit of the central bank's target range. According to official data released on Monday by the national statistics agency, INEGI, consumer prices in Latin America's second-largest economy rose 4.02% in the year through February.
