Mexican Inflation Slows to 4.21% in December, Lowest Year-End Level Since 2020

Mexico’s National Institute of Statistics and Geography (INEGI) reported a significant slowdown in inflation for December 2023. The consumer price index rose by 0.38% monthly, resulting in an annual rate of 4.21%. This marks the second consecutive month of deceleration, though it remains above the central bank’s target range. The December inflation figure surpassed market […]