February Sees Drop in Mexico’s Inflation, Rate Cut Expected

In February 2024, Mexico’s inflation drop aligned with expectations, hinting at likely interest rate cuts by Banxico on March 21. The National Consumer Price Index (INPC) slightly increased by 0.09% from January, bringing the yearly inflation rate to 4.4%, reports the National Institute of Statistics and Geography (Inegi). The Citibanamex survey expected this inflation rate […]