Economy & Business - April 2024

MEXICO | Inflation edges up. On 9 April, Mexico’s national statistics institute (Inegi) released its consumer price index for March, showing that the monthly inflation rate stood at 0.29%, bringing the annual rate to 4.42%. This is up from monthly inflation of 0.09% in February, when the annual rate stood at 4.40%. Core inflation – which excludes items with highly volatile prices – stood at 4.55% in annual terms, down from 4.64% the previous month.