Mexico Inflation Rises, Rate Cuts in Doubt

  Published 1 year ago

Mexico's May inflation hits 4.42%, surpassing Banxico's target. Analysts split on rate cuts amid rebound.

  • Inflation rises to 4.42%, above 3%±1% target, complicating rate-cut decisions.
  • Banxico cut rates to 8.5% but faces pressure to pause easing due to inflation rebound.
  • Analysts debate impact; some see non-core price surge as temporary, others urge caution.

You might like these

TVS Motor Completes Killwatt Stake Deal

Dr Reddy’s Q1 Profit Seen Up 7%

Vijaya Diagnostic Q1 Profit Surges

Biocon Wins FDA Nod for Kirsty

Tata Motors Falls JLR Shutdown Extends

India's Economy Gains Momentum in Q1

Macrotech Developers: India's Leading Affordable Housing Expert

News that matters the most ⚡