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Story summary
- INEGI (Instituto Nacional de Estadística y Geografía) reports Mexico's inflation rose to 3.80% in November, up from 3.57% in October.
- Core inflation reached 4.43%, the highest since March 2024, with price pressures in food and services.
- Galia Borja, deputy governor of Banco de México, warns inflation risks extend into 2026 due to tax and trade uncertainties.
- After the data, the U.S. dollar rose to 18.27 pesos and fell to 18.18.
