Sep 28, 2014

Mexico Inflation Above Target as Increases Exceed Forecasts

Bloomberg: Mexican consumer prices rose more than expected in the first half of September, keeping the annual inflation rate above the upper limit of the central bank’s target range.

Prices increased 0.32 percent from two weeks earlier, the national statistics institute said on its website today, compared with the 0.25 percent median forecast of 24 economists surveyed by Bloomberg. The annual inflation rate was 4.21 percent, above the 2 percent to 4 percent target range.  Read more. 

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