A survey carried out by the Reuters agency indicates that the median of the projections of 14 participants showed inflation of 7.93% at the annual rate in November, its lowest level since last June and moving away from the record of 8.7% of last August and September.
Analysts considered that the drop in the National Consumer Price Index (INPC) was largely due to the Good End.
For core inflation, seen as a better parameter to measure the trajectory of prices because it eliminates highly volatile products, estimates indicate that it would accelerate to 8.58%, a level not seen since August 2000.
Banxico, which has a permanent inflation target of 3% +/- one percentage point, has increased the referential rate by a total of 600 base points as part of a cycle of increases that began in June 2021, up to its current level. of 10%.
Its last monetary policy announcement of the year is scheduled for December 15 and analysts anticipate a new increase, although this time of 50 base points, after four consecutive increases of three-quarters of a percentage point.
Only in November, consumer prices would have grown by 0.70% compared to the previous month, while an increase of 0.52% is expected for the underlying index, according to the survey.
the national institute of statistics, Inegiwill disclose on Thursday the behavior of the price index during the penultimate month of 2022.
