Mexico’s Inflation Exceeds Forecasts in 2023
In the closing months of 2023, Mexico experienced an unexpected rise in inflation, surpassing predictions by market experts and the Bank of Mexico (Banxico). The National Consumer Price Index (INPC) increased by 0.71% in December, resulting in a 4.66% annual inflation rate, as reported by the stats agency Inegi. Although this rate marked a deceleration […]