Inflation in Mexico slowed, ending October at 3.57%.

Agricultural and livestock costs decreased, while electricity prices increased. On Thursday, the Bank of Mexico cut the benchmark interest rate by 25 basis points, setting it at 7.25%, due to the slowing Mexican economy. According to INEGI, which released the figures a week ago, the GDP estimate for the third quarter of 2025 is a 0.3% decline, due to weak industrial growth, particularly in manufacturing, energy, and mining. The agency had anticipated annual inflation of 3.6%, as a consequence of lower prices in the agricultural sector. INEGI reports that prices for tomatillos, potatoes, chicken, eggs, and other tubers have decreased. In contrast, air travel, electricity, and owner-occupied housing prices increased.