Unexpected Easing of Inflation Marks Economic Respite for Mexico

Mexico’s inflation unexpectedly dropped in early August 2024, marking a significant economic shift. The National Consumer Price Index (INPC) decreased by 0.03%, setting the annual rate at 5.16%. This figure fell below the anticipated 5.33%. The National Institute of Statistics and Geography (INEGI) released this report, showing a drop from July’s 5.52%. This reduction places […]