RSS Mexico's Mid-Month CPI Rises to 0.42% for December 2024

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 RSS Mexico's Mid-Month CPI Rises to 0.42% for December 2024

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The Consumer Price Index (CPI) in Mexico for the first half of December 2024 shows a slight increase, reaching 0.42%. This marks a rise from November's mid-month figure of 0.37%, according to the latest data updated on December 23, 2024.

The CPI is a critical indicator reflecting inflationary trends by measuring the average change over time in the prices paid by consumers for a market basket of consumer goods and services. With this incremental rise, the current data signals continued inflationary pressures within the Mexican economy as the year closes.

Economists and policymakers will be closely monitoring this upward movement, as it could impact inflation predictions and influence decisions related to interest rates and economic policies in the future. The increase, while moderate, underscores the significance of vigilant fiscal management to ensure economic stability as Mexico heads into 2025.

The material has been provided by InstaForex Company - www.instaforex.com
 
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