Analysts surveyed by the Reuters agency point out that for core inflation they expect it to reach levels of 6.46%, the highest since August 2001.
Banco de México (Banxico) has a permanent inflation target of 3% +/- one percentage point and last February 10 raised the reference interbank rate by 50 basis points, its sixth consecutive increase.
Its next monetary policy decision is scheduled for March 24, a week after the meeting of the US Federal Reserve (Fed) when the market anticipates that interest rates in the neighboring country will begin to rise after a long time at levels close to zero.
In the first half of February alone, consumer prices would have increased by 0.40% according to the survey, while for the core index the median of the projections was 0.35%.
This Thursday, the Inegi will release the inflation for the first half of February.
