Mexico's annual inflation rose to 4.63% in the first half of March, surpassing analyst expectations. This marks a significant increase from the 4.13% recorded in late February. Renewed price pressures complicate the monetary policy outlook for Mexico's central bank (Banxico).
Mexico's trade balance swung to an unexpected deficit of $463 million in February 2026, significantly missing market expectations of a $1.2 billion surplus. The shift was driven by a substantial 20.8% year-over-year increase in total imports, which reached a total of $57.31 billion. Non-oil imports saw the most…
Read the full storyThe Bank of Mexico (Banxico) has resumed its monetary easing cycle by lowering its benchmark interest rate by 25 basis points to 6.75%. The decision followed a split 3-2 vote by the board of governors, ending a temporary pause despite annual inflation accelerating to 4.63%. Analysts at ING noted that this rate cut…
The Mexican peso weakened past the 17.8 per US dollar level, reversing its recent recovery as global risk appetite deteriorated significantly. Escalating geopolitical tensions in the Middle East have prompted investors to shift away from emerging market assets toward safe havens like the US dollar. Reports suggesting…
Mexico's annual inflation rate accelerated to 4.63% in the first half of March, according to the latest data from the national statistics agency (INEGI). The reading exceeded market expectations and represents a significant jump from the 4.13% rate recorded in late February. Renewed price pressures are being driven by…