LatinNews Daily - 10 November 2021

In brief: Mexico’s inflation rises

* Mexico’s national statistics institute (Inegi) has released its latest figures on the national consumer price index (INPC), which show that monthly inflation stood at 0.84% in October. This brings Mexico’s annual inflation to 6.24%, exceeding the 3% +/-1 inflation target range set by the central bank (Banxico). The latest inflation figures have prompted speculation that Mexico’s central bank (Banxico) will again raise its benchmark interest rate, which it did at the end of September by 25 basis points to 4.75%, following increases of the same amount in August and June. .

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