Mexico Inflation Rose Slightly Less Than Expected

Mexico's annual inflation rate saw a slight increase last month, though it came in marginally below forecasts. This acceleration occurred as the country's central bank resumed its interest rate easing cycle. Global energy costs, influenced by geopolitical tensions such as the Iran war, also contributed to upward price pressures. The central bank had previously revised its inflation forecasts upward, indicating ongoing concerns about price stability despite the recent moderation in the pace of increase.