Mexican inflation seen slowing in first half of May

05/20/22

Source: Reuters

MEXICO CITY, May 20 (Reuters) – Mexican inflation is forecast to have slowed in the first half of May, although still far above central bank targets, a Reuters poll showed Friday, reinforcing expectations of continued interest rate hikes through the rest of the year.

The median forecast of 10 analysts surveyed was for annual consumer price inflation to have dropped to 7.58% in the first half of May, down from 7.65% in the second half of April.

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