Mexico's Inflation Rose Again in October. The Rate Cut Came First.
Mexico's October inflation rose to 3.75% after Banxico had cut rates to 6.25%. The sequence shows why remaining inside a target band is not the same as reaching the goal.
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← All tagsMexico's October inflation rose to 3.75% after Banxico had cut rates to 6.25%. The sequence shows why remaining inside a target band is not the same as reaching the goal.
FAO’s international food index slipped 1.2% in October to 133.9, even as sugar climbed. National grocery inflation follows different prices, baskets and publication calendars.
INSEE’s provisional October estimate puts French CPI inflation at 3.4%, with energy prices up 24.1% year on year. The gap between the national CPI, the HICP and individual household bills matters.