In an economic landscape often characterized by volatility, Mexico's Core Consumer Price Index (CPI) has shown a rare moment of stability. According to the latest data, updated on November 7, 2024, the Core CPI for October remains unchanged at 0.28%, identical to September's figure.
This consistent performance of the Core CPI, which excludes volatile items such as food and energy, is calculated on a month-over-month basis. It indicates that the underlying inflation pressures in Mexico have remained stable over the last two months, showing no signs of increase or decrease.
The steady figure may reflect the efficacy of the Mexican government's recent monetary policies aimed at containing inflation, or perhaps signals a moment of economic equilibrium. Economists and policymakers will be keen to observe whether this pattern holds in the coming months, or if any external factors might disrupt this temporary stabilization.
