Consumer prices in Mexico are expected to rise more than expected ahead of the rate decision

Mexico's headline inflation sped up more than expected last month, likely cementing a rate hold. Consumer prices rose 4.65% in April from a year ear. The central bank’s monetary policy meeting is scheduled for later on Thursday. Mexico's inflation rate is expected to be held at the central bank's meeting.

Mexico’s headline inflation sped up slightly more than expected last month, likely cementing a rate hold at the central bank’s monetary policy meeting later on Thursday.