Mexico’s mid-month core inflation rate rose to 4.26% year-over-year, up from the previous 4.21%. This marks an increase of 0.05 percentage points, indicating a slight upward trend in core inflation.
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The actual core inflation rate of 4.26% slightly exceeded analyst estimates of 4.24%. This marginally higher inflation figure may prompt concerns about potential interest rate adjustments, affecting sectors sensitive to borrowing costs, such as real estate and consumer goods. The market impact is likely to be short-term as investors adjust their expectations based on this inflation data.