Mexico Inflation Slows to 4.11% in Early May After Final Rate Cut

1 articles · Updated · Bloomberg · May 22

Consumer prices rose 4.11% in the first half of May from a year earlier, easing from 4.37% in late April and broadly matching expectations.
The reading came after Banxico delivered what was described as the final interest-rate cut of its two-year easing cycle late last month.
Analysts surveyed by Bloomberg had expected 4.10%, leaving the new print slightly above the median forecast.
The slowdown offers an early gauge of price pressures as Mexico moves beyond the central bank's latest phase of monetary easing.

With global energy prices surging, can Mexico's inflation victory last after its final rate cut?

Are stubbornly high food and service costs a sign Mexico's inflation slowdown is a dangerous illusion?