FX.co ★ Mexico's Producer Price Index Slips In December: A Month-Over-Month Analysis

In December 2024, Mexico's Producer Price Index (PPI) saw a slight decline, registering at 0.80%, according to the latest data updated on January 9, 2025. This figure represents a month-over-month assimilation with November 2024, when the PPI was at 0.90%.

The decrease in the PPI indicates a modest easing of prices producers receive for their goods and services, highlighting a slight downward shift in Mexico's inflation pressures at the wholesale level. The November 2024 PPI figure had already marked a reduction, demonstrating a trend towards moderation in price increases which continued into December.

Analysts and market watchers remain vigilant of these trends as they could signal underlying changes in Mexico's economic dynamics, potentially affecting inflation forecasts, monetary policies, and business strategies as the new year unfolds. The consistent decline over the past two months calls for an attentive look at the factors contributing to this deceleration in producer prices.