Official data showing a decline in inflation in April was published on Thursday morning and just hours later the Bank of Mexico (Banxico) board voted in favor of cutting the central bank’s key interest rate by 25 basis points. The national statistics agency INEGI reported that Mexico’s annual headline inflation rate was 4.45% in April, down from 4.59% across March. The decline in April came after the headline rate increased in each of the first three months of 2026. [...]