Mexico CPI rose 0.53% vs 0.50 expected

Core rose 0.28% vs 0.27% expected

• CPI 0.53% vs 0.50 expected. Last 0.59%
• Core CPI MoM 0.28% vs 0.27% expected. Last 0.42%
• CPI YoY 5.55% vs 5.52% expected. Last 6.77%
• The central bank targets 3% annual inflation +/- 1%

Later today in Mexico (1900 GMT), the central bank is expected to increase the overnight rate to 7.5% from 7.25%.