Mexico’s headline inflation rose 0.65% in October, outpacing market forecasts of 0.55%. The reading points to firmer price pressures over the month than analysts had anticipated.
Assessment Of Inflation Path
The surprise relative to expectations may shape near-term assessments of the inflation path and the balance of risks for policy settings.
Implications For Disinflation
It also keeps attention on how quickly disinflation is progressing, given the gap between the reported figure and the consensus call.
