The median of the projections of 14 participants showed an year -on -year rate of 3.61% for the General Consumer Price Index, in what would be its third consecutive month in decrease, to reach its lowest level since January 2021.
On the other hand, for the underlying inflation, considered a better parameter to measure the price trajectory because it eliminates high volatility products, estimates indicate that it would have regained 3.70% from 3.65% of the previous month.
Banco de México reduced in December the anchor rate in 25 basic points for the fifth time in 2024 to take it to 10% and advanced that it could continue to reduce the cost of credits throughout this year, even with higher magnitude cuts.
For now, your next notice is scheduled for later in the day and, according to a reuters survey, the market anticipates a decrease in half a percentage point.
Only in January, prices would have grown 0.31% compared to the previous month, while for the underlying index an increase of 0.45% is expected, according to the reuters survey.
The National Statistics Institute, INEGI, will disclose on Friday the behavior of the consumer price index during the first month of the year.
