Open Demo Account
Home / Market Update / Inflation in Mexico Declines in September

Inflation in Mexico Declines in September

M. Ali 9 October, 2020 1:00 am Market Update

Inflation in Mexico recorded 4.01% on an annual basis in September, amid a decline in food and energy price rises, official data showed on Thursday.

Core consumer price index (CPI) rose by 3.99% last month, and by 0.32% on a monthly basis.

The Mexican Ministry of Finance predicts inflation will reach 3.5% by the end of 2020.

Tags

Check Also

Gold Jumps Above $4,100 After Weak US Jobs Report Fuels Fed Rate Cut Hopes

The disappointing US payrolls data sends the dollar lower and boosts safe-haven demand. Gold rallied …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends