In the most recent forecasts published by the Bank of Mexico in February 9, 2023, headline inflation is expected to converge to its 3% target by the fourth quarter of 2024, with core inflation also expected to converge to 3% on the same horizon.

Mar 10, 2023 · While non-core inflation is already falling—just like in the rest of the world—Mexico’s core inflation rate still doesn't show a clear change in tendency. If you look at Banco de México’s survey of private analysts, it indicates respondents forecast an inflation rate of 5 percent in 2023 and 4 percent in 2024.

Jan 9, 2025 · (Bloomberg) -- Mexico’s annual inflation eased last month to the lowest level since February 2021, keeping in play a fifth straight interest rate cut at the central bank’s next policy meeting.

Jan 17, 2023 · Although previous research by De Pooter et al. (2014) found inflation expectations in Mexico to be well anchored, the significant global economic dislocations caused by the coronavirus pandemic and related inflationary pressures could impact inflation expectations of businesses and households.

Like most economies worldwide, Mexico has faced high levels of inflation, in which upward pressures on the prices of multiple goods and services, derived from the shocks originated by the COVID-19 pandemic, have been intensifying.

Jan 23 (Reuters) - Mexico's annual inflation rate slowed to its lowest level in almost four years in the first half of January, official data showed on Thursday, a price level likely to encourage ...

the Bank of Mexico started publishing the point values for headline and core annual inflation for the next eight quarters in its Quarterly Report. The IT scheme, which has evolved into an IFT regime over the last few years, has become a fundamental pillar of Mexico’s macroeconomic policy framework. This

Mexico’s inflation rate is not higher than that of other countries which had similar inflationary dynamics before the pandemic. The inflation gap between Mexico and the US is minimal. Source: Own calculations using data from IMF. Global monetary and financial conditions are expected to tighten in the near future.

Nov 4, 2022 · The shock would raise headline inflation in Mexico by nearly 1 percent above an already elevated baseline in year-on-year terms for a few quarters, but it would only have limited direct effects on output in the absence of a significant monetary policy response.

Nov 18, 2022 · We propose a model that can jointly account for the modest decline in inflation during the Great Recession and the surge in inflation during the post-Covid period. Most macroeconomic models struggled to explain the sharp rise of …