<div id="readability-page-1"><div>MEXICO CITY, Feb 6 (Reuters) - Mexico's inflation likely accelerated in January, a Reuters survey showed on Friday, supporting the central bank's decision a day earlier to pause its monetary easing cycle as price pressures persist. The median forecast of 12 economists showed headline inflation rising 3.82% year-on-year, with core inflation reaching 4.49% annually. WHY IT MATTERSo Analysts said the acceleration was mainly due to higher food prices following tax increases on cigarettes and sugary drinks that took effect in January. o Mexico also raised tariffs on imports from China and other mostly Asian countries with which it lacks trade agreements, as well as implemented a minimum wage increase. o The central bank on Thursday halted a long monetary-easing cycle, citing the impact of recent fiscal changes, though it signaled possible future rate cuts. o The bank delayed its inflation target timeline to the second quarter of 2027 from the third quarter of 2025 and raised its 2026 year-end inflation forecast to 3.5% from 3.0%. o Mexico's national statistics institute will publish January inflation data on Monday. (Reporting by Noe Torres; Editing by Emily Green)By Noe Torres</div></div>

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Mexico's inflation is expected to have accelerated in January, according to a Reuters survey. The median forecast from 12 economists indicates a year-on-year headline inflation increase of 3.82% and core inflation at 4.49%. This data supports the central bank's recent decision to pause its monetary easing cycle due to ongoing price pressures.

- Mexico's inflation is expected to have accelerated in January due to rising food prices and recent tax increases.  
- The central bank paused its monetary easing cycle, citing fiscal changes, and updated its inflation forecasts.  
- Headline inflation is anticipated to rise to 3.82% year-on-year, with core inflation at 4.49% annually, prompting a delayed inflation target timeline.

Mexico's annual inflation likely accelerated in January, according to poll