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YoY Change in Consumer Price Index (CPI) in Mexico

Country:
MXPMexico
Importance:
★★
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About YoY Change in Consumer Price Index (CPI) in Mexico

The year-on-year Consumer Price Index (CPI) compares the prices of goods and services purchased by consumers in Mexico in a specific month with the same month of the previous year. This data is released monthly by Mexico's National Institute of Statistics and Geography (INEGI) and is crucial for assessing inflation trends.

Year-on-year CPI data helps understand how consumer prices have changed over the long term. An increase in CPI indicates higher inflationary pressures, potentially reducing consumers' purchasing power. Conversely, a decrease in CPI suggests deflation risks and may improve consumers' purchasing power.

This data serves as important reference material for policymakers to evaluate inflation trends and formulate appropriate monetary policies. It is also a crucial information source for businesses and investors to analyze price trends and economic outlooks.

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