The consumer price index (CPI) of Mexico rose 0.09% monthly in the first half of May, after rising 0.12% in the previous fortnight, as published by the National Institute of Geography and Statistics (INEGI). This result has been located above -0.01% estimated by the market.
After these figures, the annual general inflation stood at 4.22%. In the same fortnight of 2024, biweekly inflation was -0.21% and annual, 4.78%.
Underlying inflation has increased 0.16%, in line with consensus estimates.
On the other hand, the Gross Domestic Product (GDP) of Mexico grew by 0.8% year -on -year in the first quarter of 2025, according to information provided by the National Institute of Statistics and Geography (INEGI). This figure complies with previous estimates and planned by consensus.
The intertrametral GDP increased by 0.2%, matching the result of the previous quarter, as well as the one projected by analysts.
Mexican weight reaction
The Mexican weight loses ground on Thursday, with the USD/MXN reaching maximums of May 19 in 19.43. At the time of writing, the par quotes about 19.42, rising 0.27% daily.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
